APICO inks manufacturing, supply contract with PIF subsidiary Badael

Logo of Arabian Plastic Industrial Co. (APICO)

Nomu-listed Arabian Plastic Industrial Co. (APICO) signed, on Jan. 22, a manufacturing and supply agreement for plastic containers with Badael Co., a Public Investment Fund (PIF) subsidiary

 

 

In a statement to Tadawul, the company said that the value of the three-year contract exceeds 5% of the total revenue, based on the audited financial statements for 2023.

 

The positive financial impact of the agreement is expected to be reflected as of H1 2025, the statement noted, adding that there are no related parties to the deal.

 

According to Argaam data, APICO’s revenue for 2023 amounted to nearly SAR 156.65 million.

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

NOMU
31,086.53
98.09 0.32 %
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,950.0011,975.0012,000.0012,025.0012,050.0012,075.00
Close : 12025.05 | Mar 27, 15:20
More

Quotes

APICO
53.00
0.70 1.34%
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,950.0011,975.0012,000.0012,025.0012,050.0012,075.00
Close : 12025.05 | Mar 27, 15:20
More


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website