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Scientific & Medical Equipment House Co. has won an operations and maintenance (O&M) contract worth 194.82 million Saudi riyals ($51.83 million) from Saudi Arabia’s health ministry, the company said in a statement to the Saudi stock exchange.
The company will carry out maintenance, cleaning and non-medical operation of Al-Madinah Hospital in King Salman Medical City, Madinah, as part of the five-year contract.
In November 2022, Scientific & Medical Equipment House Company was awarded two contracts at an aggregated value of SAR 280.85 million from the Ministry of Human Resources.
(Writing by D Madhura; Editing by Anoop Menon)
