Rawasi Albina receives SAR 4.6M purchase order from stc

15/01/2024 Argaam
Logo ofRawasi Albina Investment Co.

Logo of Rawasi Albina Investment Co.


Rawasi Albina Investment Co. received on Jan. 14 a purchase order from stc at a total value of SAR 4.6 million including VAT, according to a statement to Tadawul.

 

The purchase order is related to the replacement of electromechanical equipment for the telecom operator’s project, the statement added.

 

The contract will extend for nine months, and the relevant financial impact will appear in H2 2024.

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