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Sadr Logistics Co. Announces Contract Sign Off with Advanced Storage Company

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Element List Explanation
Introduction Sadr Company for Logistics Services announces that it has signed a logistic services contract with Advanced Storage Company.
Date of Announcement of the Award 2021-07-01 Corresponding to 1442-11-21
Contract Subject Matter Supplying automatic storage systems.
Date of Signing the Contract 2021-07-25 Corresponding to 1442-12-15
Contract Value The contract value is 6,641,320 Saudi riyals including value added tax.
Contract Details Manufacture, supply and installation of automatic storage shelves for cold and freezing stores.
Contract Duration The duration of the contract is five months, as the implementation of the contract works ends in the beginning of December 2021.
Financial Impact and the Relevant Period The financial impact of this contract will be from the third quarter of this year 2021.
Related Parties Note that there are no related parties in this contract.

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