On June 2, 2026, Anmat Technology for Trading announced it has been awarded a strategic contract by Saudi Energy Company for an End User Device Replacement and Expansion Project valued at SAR 314,504,366 (inclusive of VAT). The contract award was dated June 1, 2026, with the final contract expected to be signed on June 10, 2026. This contract value significantly exceeds the company's total revenue for the fiscal year ended December 31, 2025, strengthening Anmat's position as a trusted technology partner for large-scale projects in Saudi Arabia. The contract will be executed through purchase orders issued by Saudi Energy Company during the contract term, with financial impact determined based on future purchase orders issued and executed.

Original announcement:

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.