Al-Khodari makes SAR 17 mln profit from equipment sale

21/05/2017 Argaam

Abdullah A. M. Al-Khodari Sons Co. reported SAR 17.4 million in total profit from selling equipment and machinery in its auction held May 16-18, the company said in a bourse statement on Sunday.

 

The Saudi contractor sold equipment worth SAR 43.1 million.

 

The financial impact from this sale is expected to show in Q2 2017, the statement added.

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