23
Oct
08:59
Al Yamamah bags lattice tower contract
Saudi Arabia's Al Yamamah Steel Industries has secured a SAR 185.8 million ($49.56m) contract to supply steel lattice towers to Al-Sharif Group & Kec, notes Kallanish.
The contract, which has no third-party involvement, will run from the agreement day, 22 October, for ten months, with financial impact to be seen in the second quarter of 2024, Yamamah says in a bourse filing.
The firm saw overall revenue rise 12% on-year in the June quarter despite a …
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