Saudi Cable Company’s 94 percent-owned subsidiary, Elimsan Switchgear, has received a purchase order worth $50 million, the company said in a statement to the Saudi bourse, Tadawul.
Under the new order, the Turkey-based company will supply a GCC country with MV switchgear panels over the next two years.
Financial impact will be reflected on Saudi Cable’s Q2 2017 earnings, the company said.
Comments
{{DisplayName}}
{{ElapsedTime}}