“Candles of the Past” signs a contract worth 10.84 million riyals with “The Foundations of Modern Buildings”
Company announced "Candles of the past" Signing a contract with a company "Foundations of modern buildings"This is to carry out the finishing work of the company’s factory located in the Second Industrial City in Qassim, at a value of 10.84 million riyals, noting that the contracted company is the same one responsible for implementing the concrete and structural structure works for the factory.
The company explained in a statement: "Saudi Arabia trading"The duration of the contract is 12 Gregorian months, from the date of signing dated June 16, 2026.
The signing of this contract comes as a continuation of the stages of establishing the company’s new factory, and an extension of its strategy aimed at expanding its production capacity, by increasing the current production volume, and meeting the growing demand for its products according to high quality standards, in a way that enhances the company’s competitiveness in the Saudi market, and supports the achievement of growth and return targets within the company’s strategy.
It is expected The financial impact should be a positive reflection on the results when the factory starts operating.
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