Al Khodari gains SAR 17m profit from selling equipment

Riyadh – Mubasher:  Abdullah Abdul Mohsen Al Khodari Sons announced selling equipment in a public auction for SAR 43.1 million ($11.5 million).

The auction achieved a gross profit of SAR 17.4 million ($4.64 million).

The financial impact of the auction's results will appear in the second quarter of 2017, according to a bourse filing on Sunday.

The company noted that the public auction was held between 16 and 18 May 2017.

Mubasher Contribution Time: 21-May-2017 08:49 (GMT)
Mubasher Last Update Time: 21-May-2017 11:09 (GMT)