The shares of the facilitated works company increased by 5.65% during the trading of the session today, to circulate at the price of 72.90 riyals per share, after awarding a project worth 6.6 million riyals.
The trading on the shares of the soft works came through 2.55 thousand shares with a value of trading 181.28 thousand riyals.
The highest price at that time was at 73 riyals per share, while the lowest price for the share was at 69.60 riyals.
The increase in the share of the facilitated works company came after announcing the awarding of a new project, with the National Center for Plant Pest Prevention and Animal Diseases, and its control, with a total value of 6.6 million riyals.
The company explained that the contract is expected to be signed on March 25, 2025, noting that the project includes providing veterinary medical samples.
The company also announced the awarding of a project with the Medina’s health gathering, with a total value of 4.54 million riyals.
The company stated that the contract is expected to be signed on March 24, 2025, and includes the development of the emergency of Uhud Al -Yeh Hospital in the Medina.
The company indicated that it is in the process of completing the necessary signatures and procedures in the two projects, noting that there are no related parties in these two projects.
The results of Al -Ishbarah Company for the first half of 2024 revealed that net profit increased by 60.3%, compared to the same period last year.
The net profit in the first half of 2024 amounted to about 7.35 million riyals, compared to 4.58 million riyals in the same period in 2023.