On June 10, 2026, Lana Company announced it has been awarded a project by the Ministry of Health for the collection and storage of hazardous healthcare waste from medical facilities in the Eastern Province, valued at 40,946,256.00. The project spans 60 calendar months and involves managing waste from health centers, hospitals, and specialized centers according to environmental and operational standards. The initiative aims to enhance medical waste management services while supporting public health protection and environmental sustainability in alignment with Saudi Vision 2030. Financial impact is expected to begin in the fourth quarter of 2026.

Original announcement:

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.