SARCO Subsidiary Wins SAR 12.9M Yanbu Housing Subcontract

SARCO

SARCO

2030.SA

0.00

On August 23, 2026, Saudi Arabian Refineries Company (SARCO) announced that Advanced Industrial Supplies Company (Lawazim Industrial), 85% owned by its subsidiary Masafi Ventures Company, has signed a subcontract with Saudi Binladin Group – Doors Division on August 22, 2026. The contract covers the supply and installation of wooden doors for the National Guard Housing Project in Yanbu City, valued at SAR 12,868,271.15. The project is set to run for 12 months, with financial impact expected to commence in Q4 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97726&anCat=1&cs=2030&locale=ar

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