Munawla announces adding refrigerated transport activity at SAR 1 million for Phase 1

Munawla Cargo Co. announced the start of adding refrigerated transport activity for transporting medicines and refrigerated food in addition to its current activities. Noting that the project’s cost reached SAR 1 million for phase 1.

The company stated that there will be no financial impact until the service is launched, and it expects a positive impact on its financial results as of Q1 of 2024.

According to the statement published on Tadawul, the project start date will be on Oct. 1. 2023, and the expected completion date of the project is Dec. 31, 2023.