Riyadh - Mubasher: Cherry Trading Company has signed a vehicle leasing contract with the Saudi Food and Drug Authority (SFDA) at a total value of SAR 30.16 million.

The contract was signed on 15 April 2026, covering the leasing of 275 vehicles for a period of 36 months, according to a bourse statement.

It is worth noting that the agreement is aimed at supporting SFDA’s requirements in line with quality and efficiency standards.

The contract’s financial impact is expected to reflect on the income statement in the third quarter (Q3) of 2026.