SIDC Wins 7.25M SAR Sanitary Ware Order
Riyadh, Saudi Arabia — Saudi Industrial Development Company (SIDC) announced that its CASAVIA ceramic branch received a purchase order worth 7,248,537 SAR from AlMowatin International Company. The order covers sanitary wares, bathroom fixtures, and accessories for a residential housing project in Riyadh. The contract, awarded on November 9, 2026, represents 7.34% of SIDC’s total revenues […] The…
Saudi Industrial Development Company (SIDC) secured a 7.25 million SAR sanitary ware contract from AlMowatin International Company for the Ebayya Quarters Housing Villas Project. The order covers toilets, washbasins, mixers, shower systems, and acrylic bathtubs. The deal, awarded on November 9, 2026, represents 7.34% of SIDC’s total 2025 revenues.
This significant contract, valued at 7,248,537.40 SAR inclusive of VAT, positions SIDC within the National Housing Company (NHC) pipeline, a key component of Saudi Arabia’s national housing initiative. The contract's revenue recognition is linked to the project's construction schedule, ensuring near-term cash flow benefits. Investors should monitor SIDC’s Q4 2026 results to confirm on-schedule deliveries and revenue recognition.
Winning this contract highlights SIDC's capacity to supply into Saudi Arabia's extensive residential development ecosystem, signaling potential for future orders as NHC projects progress.
Written by urgent.news from The Saudi Standard's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
