Balsm Alofoq Signs SAR 71.8M Healthcare Contract

BALSM MEDICAL 0.00%

BALSM MEDICAL

9620.SA

24.98

0.00%

Balsm Alofoq Medical Co. announced on February 2, 2026, the signing of a contract with the Royal Commission in Jubail for the operation and maintenance of primary healthcare services at Ras Al-Khair Program in Jubail Industrial City. The contract, valued at SAR 71,809,882.21, was signed on February 1, 2026, following a letter of award received on December 25, 2025. The five-year contract is expected to positively impact the company's financial results during the first half of 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92921&anCat=1&cs=9620&locale=ar

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