Sadr Logistics Co. — Capital/Financing Update 2022

Aug 14, 2022

Sadr Logistics Co. Announces Contract Sign Off with Saudi Assda Trading Company.

1832 · 14/08/2022 09:40:53 · Announcement #69662 · View on Saudi Exchange

Sadr Logistics Co. Announces Contract Sign Off with Saudi Assda Trading Company.

Element List	Explanation
Introduction	Sadr Logistics Company announces that it has signed a supply and logistics contract with Saudi Assda Trading Company, within the framework of cooperation between the two companies, and in light of the efforts to develop and develop the company’s operational sectors and achieve growth in revenues and profits.
Date of Announcement of the Award	2022-08-13 Corresponding to 1444-01-15
Contract Subject Matter	Supply and logistic services.
Date of Signing the Contract	2022-08-13 Corresponding to 1444-01-15
Contract Value	The contract value is 30 million Saudi riyals.
Contract Details	The contract includes the Services of manufacturing, supplying and importing timber and providing the necessary logistic services.
Contract Duration	The term of the contract is one years.
Financial Impact and the Relevant Period	The financial impact of this contract will be from the third quarter of this fiscal year 2022.
Related Parties	Note that there are no related parties in this contract.

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