Tibbiyah’s Premma signs SAR 187.6M contract with NUPCO

Arabian International Healthcare Holding Co.’s (Tibbiyah) subsidiary, Premma (International Medical Supplies) signed on Aug. 28, a custom-made contract worth SAR 187.6 million from National Unified Procurement Co. (NUPCO), for tender No. NPT0054/20.

The company said in a statement on Tadawul that the contract was awarded on July 17, focusing on supplying pump devices and their consumables upon request.

The contract duration is 1,116 calendar days, starting from the outsourcing date or the signing date, whichever is earlier.

It is expected that the financial impact on the company’s financial results to appear in Q4 2024.