Scientific & Medical Equipment House awarded SAR 13.5m project from Saudi government

Scientific & Medical Equipment House awarded SAR 13.5m project from Saudi government

Riyadh - Mubasher: Scientific & Medical Equipment House Company has won an operation project worth SAR 13.46 million from the Saudi Ministry of Education on 4 October 2022.

The Tadawul-listed firm will operate a medical centre in Aljouf University for three years, according to recent a bourse filing.

Scientific & Medical Equipment House expected that the project will reflect on its income statements during the first quarter (Q1) of 2023.

The company noted that it will disclose further developments regarding the agreement in due time.

Last month, the two entities inked a SAR 117.97 million contract for the operation, maintenance, and cleaning services for an educational health centre in Najran University.