Al-Khodari to auction surplus equipment in May

24/04/2018 Argaam

Abdullah A.M. Al-Khodari Sons Co. has signed a contract with Abdullah Fouad Holding Company to auction its surplus equipment from May 8 to 10 at Al-Khodari yard in Dammam.

 

The auction is part of Al-Khodari’s plan to upgrade its plant and equipment, the firm said in a statement to Tadawul on Tuesday.

 

Al-Khodari expects the auction to have a positive impact on second quarter financial results.

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