Neft Alsharq signs SAR 2.7M engine oil supply deal

10/11/2024 Argaam

Neft Alsharq Co. for Chemical Industries signed a contract to supply engine oils to an African country valued at $720,000 (SAR 2.7 million), according to a Tadawul statement.

 
The contract, which was awarded on Nov. 9, has a six-month term from the signing date.
 
The deal is expected to positively impact the company’s financial results for 2024 and 2025, the statement said, adding there are no related parties.

 

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