National Gypsum signs SAR 14.8M contract to upgrade production lines

26/02/2025 Argaam

Content Summary:

Loading data...
Positive: 0%
Neutral: 0%
Negative: 0%

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that chart summaries are generated by AI, thorough review of the charts is advised for detailed comprehension.
Logo ofNational Gypsum Co.

Logo of National Gypsum Co.

National Gypsum Co. signed today, Feb. 26, a six-month contract with a company specializing in the construction and development of industrial production lines, for a total value of $3.96 million (SAR 14.84 million).

 

For more news on listed companies

 

 In a statement to Tadawul, the company said that the deal aims to  upgrade some of its gypsum powder and derivative production lines at its Riyadh factories to comply with the latest technology and modern techniques used in the gypsum industry. 

 

A positive financial impact is expected to appear in the last quarter of 2025, the statement added, noting that there are no related parties to the deal.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
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.