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Al Ashghal Al Moysra Co. has officially signed a three-month contract worth SAR 17.9 million (excluding VAT) with Tatweer Buildings Co. (TBC). The project involves the transportation of returned materials back to designated warehouses, formalizing a deal that was originally awarded to the company earlier in July.
This contract reflects ongoing operational activities within Saudi Arabia's educational and government building infrastructure support sector. Financially, the company expects the positive revenue and operational impact of this specific agreement to be reflected in its financial results for the fiscal year 2026.
For investors following the Saudi Parallel Market (Nomu), the contract highlights steady execution of government-backed service contracts. Market participants will be monitoring how efficiently the company manages its operational costs to preserve profit margins as the financial impact materializes in upcoming reporting periods.
