Al Khodari wins $31m waste deal
Al Khobar-based contractor picks up five-year waste management contract from Jazan Municipality
Abdullah A. M. Al-Khodari & Sons has won a $31.7m (SR119m) contract from the Jazan Municipality.
The Al Khobar-based contractor said that the deal would last for five years, and that it would make a further announcement once the deal is signed.
The company makes around 95% of its revenues from government contracts.
In 2014, it achieved a five-fold increase in profits to $12.2m, up from $2.2m in the previous year.