Shalfa Facilities Wins SAR 366M Qassim Schools Contract

SHALFA

SHALFA

9613.SA

0.00

On July 16, 2026, Shalfa Facilities Management Co. announced the signing of a contract with Building Development Company on July 7, 2026, valued at SAR 366,489,869.00 (excluding VAT). The contract covers cleaning, maintenance, and janitorial services for school buildings in the Qassim region, under the framework agreement for integrated facility management services for school buildings and private institutes in the Central Region. The contract has a duration of 26 months, and its financial impact is expected to be reflected in the company's financial results starting in the second half of 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96823&anCat=1&cs=9613&locale=ar

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.

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