Al-Jouf Cement Company announced a SAR 38 million contract to supply clinker to a Jordanian company operating in the industrial and mining sectors. Deliveries are set to commence on January 1, 2025.
The contract value represents 12.6% of Al-Jouf Cement’s total revenues, based on the company’s 2023 audited financial statements.
In a statement on Tadawul, the company noted that the deal is expected to have a positive financial impact on its performance from the first quarter of 2025 through the fourth quarter of the same year.
