Page 69 - SGH PR REPORT - JANUARY 2025
P. 69
CATRION Catering Holding Co. Announces Contract
Sign Off with Middle East Healthcare Company
(Saudi German Health)
23 January 2025 04:49 PM
CATRION60041.21%134.001.60
Element List Explanation
CATRION Catering Holding Company (CATRION) announces the signing of a
contract with Middle East Healthcare Company (Saudi German Health),
whereby CATRION will provide Middle East Healthcare Company with
healthy meals, beverages, and other support services for employees and
resident patients, through its branches located in Jeddah, Riyadh,
Dammam, Hail, Aseer, Makkah Al-Mukarramah and Madinah Al-
Munawwarah, where the contract period is (3) three Gregorian years and the
estimated value of the contract exceeds one hundred and fourteen million
(114,000,000) Saudi riyals. CATRION expects a positive contribution to be
Introduction shown in its accounts by the second quarter (Q2) of 2025G, which, in turn,
will boost business sustainability by increasing CATRION's cash flow and
enhancing CATRION's business.
This Contract comes from the accumulated experience of CATRION, and to
activate its pioneering role in healthy meals services to the healthcare
sector according to the highest specifications and standards and within the
Company’s efforts to support the sustainability plans and principles on
which it works, and to expand its activities to include health sectors and
institutions.
Date of
Announcement of 2025-01-23 Corresponding to 1446-07-23
the Award
CATRION will provide Middle East Healthcare Company with healthy meals,
Contract Subject beverages, and other support services for employees and resident patients,
Matter through its branches located in Jeddah, Riyadh, Dammam, Hail, Aseer,
Makkah Al-Mukarramah and Madinah Al-Munawwarah
The Entity with
Which the Contract Middle East Healthcare Company (Saudi German Health)
was Signed
https://english.mubasher.info/news/4395571/CATRION-Catering-Holding-Co-Announces-
Contract-Sign-Off-with-Middle-East-Healthcare-Company-Saudi-German-Health-
