Care wins SAR 381M project from PSMMC

National Medical Care Co. (Care) won on April 21 a three-year contract worth SAR 380.9 million, inclusive of VAT, from Prince Sultan Military Medical City (PSMMC) to provide services to long-term care patients.

In a statement to Tadawul, the company said the relevant financial impact will appear after the start of the contract, which will be signed by all parties after completing the regulatory procedures.

There are no related parties to the deal, the statement said, noting that further developments will be announced later.