Alwasail Industrial Secures SAR 15.6M HDPE Contract

-1.53%

ALWASAIL INDUSTRIAL

4148.SA

2.57

-1.53%

On February 26, 2026, Alwasail Industrial Co. announced the signing of a contract with Water and Power Projects Contracting Company (WPPCO) valued at 15,558,775 SR. The contract, signed on February 25, 2026, involves supplying HDPE pipes for water delivery to governorates, centers and villages in the Riyadh region including Al-Bajadiyah, Afif, Dhurma and Al-Majmaah. The contract duration is 18 months from signing, with financial impact expected to begin in the second quarter of 2026 and continue until project completion.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93307&anCat=1&cs=4148&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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