Abdullah A. M. Al-Khodari Sons Company announces latest developments concerning its plant and machinery auction.
With reference to the earlier announcement of 24/10/2017, Abdullah A. M. Al Khodari Sons Company announces the completion of the public auction held during 14 - 16 November 2017. The Gross Sales Value of equipment, that were sold in the auction, is SAR 36,784,869 (Thirty Six Million Seven Hundred Eighty Four Thousand Eight Hundred Sixty Nine Riyals). The Gross Profit Value is SAR 13,907,046 (Thirteen Million Nine Hundred Seven Thousand Forty Six Riyals). The financial impact of the auction results will be reflected in the fourth quarter of the current financial year.