" In light of the Kingdom’s interest to invest in infrastructure and development projects, the year 2014 has witnessed unprecedented growth in the size of the company’s business activities."
The year 2014 has been a year of great success for Abdullah A. M. Al- Khodari Sons Company despite the current competitive environment and challenges of the contracting sector.
In light of the Kingdom’s interest to invest in infrastructure and development projects, the year 2014 has witnessed unprecedented growth in the size of the company’s business activities. The value of the backlog of projects amounted to SR 4,372 million in 2014, in comparison to SR 3,678 million for 2013. This reflects the continuance of the company’s success in increasing its market share attributed to being selective to undertake state funded projects.
By devoting their efforts to the management of our company, the Board of Directors are working hard to build a strong and solid foundation. This will enable the company to continue its successes and effectively overcome any challenges that it may face in a diligent and efficient manner. This qualifies the company to take up a leading position in the contracting sector, which contributes to boosting shareholder dividends as well as strengthening the company’s vigorous contribution to the national economy.
On behalf of my fellow Board members, I take this opportunity to thank the leadership and management team and all the employees for their continuing efforts and immense contribution to the accomplishments of the company. I would also like to express my gratitude to the patronage of the Custodian of the Two Holy Mosques and the Crown Prince, through their ongoing support of the private sector to play its part effectively in helping the national economy grow and prosper.