Alkhorayef Water announces SAR 39.5m agreement

Riyadh – Mubasher: Alkhorayef Water and Power Technologies Company was awarded a SAR 39.38 million project agreement from the Zakat, Tax, and Customs Authority.

The company will perform the works for the operation, maintenance, and cleaning of Water Treatment Plants and Sewage Treatment Plants at Land Ports, according to a bourse filing.

Alkhorayef Water highlighted that the awarding date was 7 October 2024, adding that the financial impact as a result of the purchase order is expected to take place during the first quarter (Q1) of 2025.

On 17 September, the Tadawul-listed firm was granted a SAR 219.98 million project contract with the National Water Company (NWC).

Mubasher Contribution Time: 08-Oct-2024 09:26 (GMT)
Mubasher Last Update Time: 08-Oct-2024 09:26 (GMT)