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Riyadh – Mubasher: Abdullah Abdul Mohsen Al-Khodari Sons Company on Sunday announced the completion of its public plant and machinery auction held during the period from 14 to 16 November 2017.
The gross sales value of equipment, which were sold in the auction, amounted to SAR 36.785 million, the company highlighted in a statement to the Saudi Stock Exchange (Tadawul).
Meanwhile, the gross profit value stood at SAR 13.907 million, the company added.
The construction and engineering company further noted that the financial impact of the auction results would be reflected in the fourth quarter of the current financial year.
By the end of Thursday’s trading session, Al-Khodari Sons’ stock fell 1.27% to SAR 7.78.