Sadirat announces the Board of Directors’ approval to close the company’s branch (Sara Medical Supplies Factory)

The Saudi Industrial Export Company announces the approval of the decision of the Board of Directors in its meeting held on 29/04/1444 AH corresponding to 11/23/2022 AD to close its branch (Sara Medical Supplies Factory)

The Saudi Industrial Export Company announces the approval of the decision of the Board of Directors in its meeting held on 29/04/1444 AH corresponding to 11/23/2022 AD to close its branch (Sara Medical Supplies Factory) since the factory’s activity is not compatible with the company’s main activities, knowing that work has been suspended in the factory since 2020, and this decision resulted in the sale of the assets and the existing inventory of the factory with a net book profit of 3,218,679 Saudi Riyals.