Riyadh – Mubasher: Prefect Presentation for Commercial Services (2P Prefect Presentation) sealed a SAR 51.74 million contract with Prince Muhammad bin Abdul-Aziz Hospital in Riyadh.
The agreement covers the operation and maintenance work of the hospital’s medical and electronic systems and programmes for 36 months, according to a bourse disclosure
2P Prefect Presentation stated that the project will reflect positively for the years 2024, 2025, 2026, and 2027.
The awarding and signing dates of the contract are 19 May and 1 July 2024, respectively.
Last month, the company’s shareholders greenlighted a capital increase to SAR 300 million from SAR 150 million.
In the first quarter (Q1) of 2024, the listed firm logged 3.83% higher net profits at SAR 29.68 million, versus SAR 28.58 million as of 31 March 2023.
Revenues dropped by 2.48% year-on-year (YoY) to SAR 219.49 million in Q1-24 from SAR 225.08 million.
