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Wafrah for Industry and Development Co. Announces Contract Sign Off with Panda Retail Company

ELEMENT LIST EXPLANATION
Introduction A contract has been signed on 26-07-2022 between Wafrah for Industry and Development Company and Panda Retail Company whereby Wafrah for Industry and Development Co manufactures Macaroni products as private label under Panda trade name.
Date of Announcement of the Award 2022-07-26 Corresponding to 1443-12-27
Contract Subject Matter Manufacturing macaroni of different pack sizes as Private label under Panda trade name
Date of Signing the Contract 2022-07-26 Corresponding to 1443-12-27
Contract Value SAR 11,628,000
Contract Details Wafrah for Industry and Development Co. will manufacture for Panda Retail Company 530,000 cases of macaroni of different pack sizes as per the technical specifications spelled out in the contract , and will be sourcing raw material and packaging material necessary for production.
Contract Duration One Gregorian year starting from the date of the first delivery of the product
Financial Impact and the Relevant Period Increasing Wafrah Co revenue during the contract period which extends for one year.
Related Parties None

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