Riyadh – Mubasher: Al Qemam for Computer Systems Company inked a SAR 2.36 million contract with Al Kam Telecommunications and Information Technology Company on 17 May 2026.
The deal covers the provision of infrastructure support services to a government entity until 30 November 2026, according to a bourse disclosure.
Meanwhile, the financial impact is expected to be reflected in the second quarter (Q2) of 2026.
In 2025, the company’s net profits fell by 48.39% year-on-year (YoY) to SAR 4.77 million from SAR 9.24 million. Revenues increased by 2.59% to SAR 50.97 million from SAR 49.68 million.
