Riyadh-Mubasher: Saudi Industrial Export Co. (SEICO) has signed a contract worth SAR 9.5 million to buy a medical supplies plant, the company said in a bourse statement.
The relevant financial impact and legal developments will be announced after the board approves the project plans.
The company posted net losses of SAR 1.1 million for the fourth quarter of 2015, against net earnings of SAR 60,000 in the year-ago period.
The stock rose 1.38% to SAR 29.40 on Wednesday.
