Sadr Logistics signs SAR 6.6 mln automatic storage systems supply deal

26/07/2021 Argaam

Logo of Sadr Logistics

Sadr Logistics Co. signed, on July 25, a services contract for supplying automatic storage systems with Advanced Storage Co. for a total value of SAR 6.64 million, including value-added tax (VAT).

 

The company said in a bourse statement that the duration of the contract is five months, as the implementation of the contract works ends in the beginning of December 2021.

 

The scope of the contract includes manufacturing, supply and installation of automatic storage shelves for cold and freezing stores.

 

The financial impact of this contract will be reflected from the third quarter of 2021.

 

There are no related parties in this contract.

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