Al-Babtain signs SAR 152 million supply contract

10/07/2013 Tadawul

Al-Babtain Power and Telecommunication signed (on July 10, 2013) a SAR 152 million contract with the Saudi Electricity Company for the making and supply of power distribution towers. Contract’s tenure is 12 months from the date of signing. The investment is financed by the company’s internal resources.
 

The financial effect will be reflected as of Q4, 2013. The contract shall contribute to the Al-Babtain’s plan for 2013/2014. 

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