Electrical Industries announced that one of its subsidiaries, Saudi Power Transformers Company, has signed a contract for the supply of electrical transformers with Al-Babtain Contracting Company.
The company said in a statement to Tadavul Saudi Arabia today, Tuesday, that the contract value is 66.6 million rials, excluding value-added tax.
She added that the term of the contract is 18 months.
She indicated that the contract is expected to have a positive impact on the company’s 2024 financial results.
