On June 3, 2026, Saudi Networkers Services Company announced the signing of a framework agreement with a local Saudi bank for the provision of services. The contract was signed on June 2, 2026, with a five-year renewable duration, and the contract value will be determined based on work orders issued according to agreed terms. The expected revenue from this framework agreement during 2026 is projected to exceed 15% of the company's total annual revenue, with financial impact expected to be reflected in the company's financial statements starting from 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.