SAUDI CABLE RECEIVES SAR 100 MILLION ORDER FOR SUPPLY OF CABLES

07/01/2012 Tadawul

Saudi Cable Company has won yesterday, Friday, January 6, 2012, an order from TEIAS, Turkey for supply of Extra High voltage Cables, 380 kV, for an amount in excess of SR100 million, amid competition from global companies. The delivery will be effected during the second quarter of 2012. 

The financial effect of this contract will appear at the end of the second quarter of 2012. 

The presence of our Company in the European market, despite stiff competition, shows the European consumers confidence in the quality of our products. 

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