| Element List | Explanation |
|---|---|
| Introduction | Al-Jouf Cement Company announces the signing of a contract to supply clinker with a Jordanian company. Under this contract, Al Jouf Cement Company will Export clinker to the Jordanian company starting from 1/1/2025 AD |
| Date of Announcement of the Award | 2024-12-03 Corresponding to 1446-06-02 |
| Contract Subject Matter | Clinker sale and export |
| The Entity with Which the Contract was Signed | Jordanian company specialized in industry and mining |
| Date of Signing the Contract | 2024-12-03 Corresponding to 1446-06-02 |
| Contract Value | (38,000,000) Thirty-eight million riyals, representing 12.6% of the company’s total revenues according to the latest audited financial statements for the year 2023 AD. |
| Contract Details | Al Jouf Cement Company sells and exports clinker. |
| Contract Duration | A calendar year starting from 01-01-2025 AD and ending on 31-12-2025 AD or in the event of the completion of the supply of the agreed quantity, whichever comes first. |
| Financial Impact and the Relevant Period | The financial impact will be positive on the company’s financial statements starting from the first quarter of 2025 until the fourth quarter of 2025. |
| Related Parties | There are no related parties. |
| Additional Information | The company confirms that the agreement was executed within the normal course of business and no preferential advantages were granted. |
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