Raydan inks SAR 11.4M catering services contract

20/11/2024 Argaam
A Raydan Food branch

A Raydan Food branch

Raydan Food Co. signed on Nov. 19 a corporate catering services contract with International Arab Co. at a total value of SAR 11.36 million, excluding VAT, according to a statement to Tadawul.

 

 

The contract term will extend for one year, as of Dec. 1, and will likely have a positive impact on financial statements from Dec. 1, 2024, to Nov. 30, 2025.

 

The contract will contribute to the revenue from the catering business portfolio, the statement added.

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