Equipment House awarded SAR 224.9 mln contract from Ministry of Health

09/05/2023 Argaam
Logo ofScientific Medical Equipment House Co.

Logo of Scientific & Medical Equipment House Co.

Scientific & Medical Equipment House Co. (Equipment House) obtained on May 8 the Ministry of Health's approval on awarding a project worth SAR 224.87 million (inclusive VAT), it said in a statement to Tadawul.

 

The company added that the five-year project includes the maintenance, cleaning, and non-medical operation of Eradah and Mental Health Complex in Taif.

 

The relevant financial impact will likely appear in the third quarter of 2023, the firm said, noting that the deal does not have related parties.

 

Equipment House will announce future developments in due course, especially after receiving the final copy of the contract and signatures from all parties concerned.

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