Sadr Logistics signs $1.86mln deal with Advanced Storage

The five-month contract was awarded on July 1

  
Container ship in import export and business logistic. Image used for illustrative purpose.

Container ship in import export and business logistic. Image used for illustrative purpose.

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Riyadh –  Sadr Logistics Company has penned a contract worth SAR 6.64 million with Advanced Storage Company to cover logistics services.

The listed company will be manufacturing, supplying, and installing automatic storage shelves for Advanced Storage.

The five-month contract was awarded on 1 July, signed on the 25th of the month, and will end in December this year.

Sadr Logistics said the financial impact of the contract will reflect on the income statements as of the third quarter (Q3) of 2021.

Source: Mubasher

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