Saudi Airlines Catering Company announced that it has entered into a Services Contract with Altanfeethi Co., for a contractual term extends to three (03) years commencing from March 15, 2022, whereby the Contract shall be for the purpose of providing catering and hospitality services to Altanfeethi terminals located in airports within Saudi Arabia, in exchange for an estimated provisional value of SAR 85,019,774. As a result, SACC expects a positive impact to be shown on its financial results in the second quarter of 2022G, which will hopefully improve the Company-s business sustainability by increasing the cash flow and enhancing its business relationship.
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119.6 SAR | 0.00% | -3.55% | -7.29% |
May. 01 | Catrion Catering Posts Higher Q1 Profit, Revenue | MT |
Mar. 28 | CATRION Catering Holding Company Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
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