Riyadh - Mubasher: Scientific & Medical Equipment House Company won a project contract worth SAR 194.81 million in Medina from the Saudi Ministry of Health on 8 January 2023.
The deal covers the maintenance, cleaning, and non-medical operation of Al Madinah Al Munawarah Hospital in King Salman Medical City for five years, according to a bourse disclosure.
Scientific & Medical Equipment House expected that the project will reflect on its income statements during the second quarter (Q2) of 2023, adding that it will unveil any further details regarding the agreement in due time.
Last month, the ministry awarded the company a SAR 27.83 million project contract, under which the latter will provide Al Laith General Hospital in Jeddah with cooked nutrition services for five years.
