Monday, 17 March 2025

Almuneef signs contract with Al-Jouf Agricultural to purchase wheat seeds

Al Munif Company for Trade, Industry, Agriculture and Contracting announced on Sunday the signing of (Purchase contract for first generation wheat seeds Yukura Rojo 2023amounting to 3,000 tons) with (Al-Jouf Agricultural Development Company).

The company explained today on Tadawul that the total value of this contract is 7,590,000 riyals. It does not include value-added tax and other taxes, fees, and costs that result from this contract. These additional fees will be added to the price when the monthly invoice is issued.

The company indicated that the Contract Duration is Three months, and the financial Impact will be in the fourth quarter.

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The company added that is according to the company’s annual plans to cover the needs of the local market for the wheat growing season among the company’s clients. From companies and farmers.

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