Al Yamamah Steel inks SAR 44 mln supply deal

26/02/2019 Argaam

 

Al Yamamah Steel Industries Co. has inked a SAR 44.06 million agreement to supply electric towers to Saudi Services for Electro Mechanic Works Co., the company said in a statement to Tadawul.

 

Delivery will take place over ten months as of June 2019. The relevant financial impact will reflect on earnings as of the quarter ending on June 30, 2019 until the quarter ending March 31, 2020.

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