Al-Babtain Power & Telecommunication Co. has inked a SAR 135.4 million contract with the National Energy Services Company (Tarshid) to supply and install LED light bulbs, the company said in a bourse statement.

 

The ten-month contract will be financed from the company’s sources.

 

The relative financial impact will appear on earnings of Q1 2019.

 

No related parties are involved in the agreement, the statement added.

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