BRIEF-Keir International Signs Contract With Shenzhen Action Technologies

KEIR
Tadawul All Shares Index

KEIR

9542.SA

0.00

Tadawul All Shares Index

TASI.SA

0.00

June 16 (Reuters) - KEIR INTERNATIONAL COMPANY 9542.SE:

  • ANNOUNCES CONTRACT SIGN OFF WITH SHENZHEN ACTION TECHNOLOGIES CO

  • CONTRACT DURATION 5 YEARS

  • DEAL COVERS ELECTRONIC SYSTEMS AND DEVICES, SIGNAL ENHANCEMENT AND JAMMING TECHNOLOGIES, DIGITAL FREQUENCIES

  • DEAL FINANCIAL IMPACT EXPECTED TO BEGIN MATERIALIZING GRADUALLY END OF 2026 AND CONTINUE THROUGHOUT 5YR TERM

  • DEAL IS EXPECTED TO CONTRIBUTE TO REVENUE GROWTH THROUGH MARKETING AND SALE OF ACTION PRODUCTS

  • EXTENT OF FINANCIAL IMPACT WILL DEPEND ON VOLUME OF ORDERS AND ACTUAL SALES GENERATED DURING TERM OF AGREEMENT

Source text: ID:nSSE5rkngl

Further company coverage: 9542.SE


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