Riyadh – Mubasher: Anmat Technology for Trading Company secured a SAR 98.90 million project contract from the Ministry of Defense.
The agreement, signed on 3 September 2026, covers the execution of a project for the supply and installation of specialized equipment in accordance with the contractual terms.
It has a tenor of 15 months. The financial impact will start reflecting during the fourth quarter (Q4) of 2026 and 2027.
During the first half (H1) of 2026, Anmat Technology posted a 97.46% year-on-year (YoY) increase in net profit to SAR 7.78 million, compared to SAR 3.94 million.
