Sadr renews frozen storage contract worth SAR 55.6 mln with NAQUA

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Sadr Logistics Co. renewed a SAR 55.6 million contract to provide services to National Aquaculture Group (NAQUA) for a period of three years, the company said in a statement on Tadawul today, June 1. 

The logistics services are represented in the frozen storage of customer products, where the company stores NAQUA products in its refrigerators in Jeddah and provides all the necessary logistics-related services to clients. 

The financial impact begins during the third quarter of 2023 until the end of the contract in August 2026, the company noted, indicating that there are no related parties to the deal.

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