‎Cherry wins SAR 61.4M contract from Riyadh Municipality

‎Cherry wins SAR 61.4M contract from Riyadh Municipality ‎Cherry wins SAR 61.4M contract from Riyadh Municipality

​‎

Cherry expects financial impact of the 3-year contract to appear from Q3 2026

Cherry Trading Co. said it secured on April 19 a vehicle-leasing project from Riyadh Municipality for nearly SAR 61.41 million.

Advertisement

The project entails leasing 922 vehicles to Riyadh Municipality for three years, the company said in a statement to Tadawul.

The relevant financial impact will likely appear as of Q3 2026, the statement added. The deal included no related parties.

 

Cherry expects financial impact of the 3-year contract to appear from Q3 2026

Cherry Trading Co. said it secured on April 19 a vehicle-leasing project from Riyadh Municipality for nearly SAR 61.41 million.

The project entails leasing 922 vehicles to Riyadh Municipality for three years, the company said in a statement to Tadawul.

The relevant financial impact will likely appear as of Q3 2026, the statement added. The deal included no related parties.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement