Shalfa Signs SAR 61.2M Tourism Ministry Contract

SHALFA

SHALFA

9613.SA

0.00

On June 4, 2026, Shalfa Facilities Management Co. announced the signing of a contract with the Ministry of Tourism for the operation, maintenance and cleaning of the Ministry of Tourism Buildings Complex and the Main Warehouse in Riyadh. The contract, signed on June 3, 2026, is valued at SAR 61,235,562.25 (inclusive of VAT) with a duration of 36 months. The financial impact is expected to be reflected in the company's financial results 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=95827&anCat=1&cs=9613&locale=ar

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.