Riyadh - Mubasher: Built Industrial Company, a subsidiary of Ladun Investment Company, received an award contract valued at SAR 84.99 million from the Royal Commission for Riyadh City on 13 April 2026.
The King Abdulaziz Public Transport project covers the execution of protection works for Riyadh bus stations to enhance warning requirements, protection, and safety, according to a bourse filing.
Last September, Ladun inked a SAR 446 million sub-development contract with the National Housing Company (NHC).
In 2025, the listed group turned to net losses valued at SAR 55.39 million when compared to net profits of SAR 66.04 million a year earlier.
The revenues declined by 23.06% to SAR 1.15 billion last year from SAR 1.50 billion in 2024.
