Qomel Signs SAR 214M Medicine Supply Contracts with NUPCO
QOMEL 9600.SA | 0.00 |
On June 23, 2026, Qomel Company announced the signing of two contracts with the National Unified Procurement Company for Medicines, Medical Devices, and Supplies (NUPCO) for the supply of medicines on demand and service contracts, with a combined value of SAR 214,268,376. The first contract is valued at SAR 111,318,141.47 with a duration of 1,033 days, while the second contract is worth SAR 102,950,234.54 with a duration of 816 days. Both contracts were signed on June 22, 2026, and the financial impact is expected to be positively reflected in the company's financial statements starting from the second half of 2026.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96303&anCat=1&cs=9600&locale=arImportant 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.
