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Subsidiary of Al Naqqool Purchases 50 Trucks for 14.9 Million Riyals to Support Logistics Services
The Sons of Mohammed Hassan Naqoul Company announced that its subsidiary, Sadan for Industry, has signed an agreement with the Saudi Diesel Equipment Company to purchase 50 DAEWOO trucks, model 2026, with a total value of approximately 14.895 million riyals. The goal is to strengthen its capabilities in the transportation and logistics sector. The trucks will be received in phases according to operational needs, and the financing of the deal will be from the company's own resources and available credit facilities, supporting the expansion plan and enhancing the company's operational efficiency. The financial impact of the agreement is expected to begin showing starting from the third quarter of 2026.
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