National Metal Manufacturing Signs SAR 10.1M Supply Contract

MAADANIYAH

MAADANIYAH

2220.SA

0.00

National Metal Manufacturing and Casting Co. announced on May 31, 2026 that its subsidiary BAAS Gulf Industry Company - Valves Plant has signed a supply contract with Harbin Electric International Company. The contract, valued at SAR 10,084,554 including VAT and signed on April 18, 2026, involves supplying various types of valves for the Rumah Power Project in Saudi Arabia over a two-year duration. The company expects the financial impact to be reflected positively by the end of 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95695&anCat=1&cs=2220&locale=ar

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