Scientific and Medical Equipment House Co. (Equipment House) said it was awarded on Jan. 1, 2026, a project valued at SAR 260.98 million (including VAT) by the Ministry of Human Resources and Social Development (HRSD), according to a statement to Tadawul.
The scope of the project includes the supply of uncooked food materials and catering items to beneficiaries at the Ministry’s residential branches across the Kingdom, in addition to providing cooked meals to selected anti-begging offices for groups (first, second, third, fourth, fifth, and sixth), for a duration of 24 months.
The relevant financial impact is likely to appear in Q4 2026, the statement said.
Any future developments will be revealed in due course after the contract’s final version is signed and a copy has been received.
There are no related parties involved in the deal, the statement added.