On August 11, 2026, Saudi Ceramics Company announced the signing of a contract with Sadr Logistics Services Company on August 10, 2026, for the supply of wooden pallets in connection with the supply and installation of storage systems for the Company's central warehouse in Riyadh. The purchase order value is SAR 3,073,600, with the main project works previously contracted with Sadr Logistics Services Company valued at SAR 12,995,000, bringing the total contracted value to SAR 16,068,600 (excluding VAT). The contract has an expected duration of four months, with the financial impact to be recognized during the third and fourth quarters of the 2026 financial year. Notably, Eng. Majed bin Abdullah Al-Essa, a Non-Executive Board Member, holds an indirect interest in the transaction as Chief Executive Officer of Sadr Logistics Services Company, and the transaction will be submitted to the General Assembly for approval in accordance with applicable related-party regulations.

Original announcement:

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