Perma-Pipe International Secures $4M In Contract Awards Across Americas Region For Oil & Gas And Pharmaceutical Projects In Canada And U.S.
Portfolio Pulse from Benzinga Newsdesk
Perma-Pipe International Holdings, Inc. (PPIH) has secured $4 million in contract awards for projects in the oil & gas and pharmaceutical sectors across Canada and the U.S. This development could positively impact PPIH's financial performance in the short term.
September 25, 2024 | 6:55 pm
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Perma-Pipe International Holdings, Inc. has secured $4 million in new contracts for oil & gas and pharmaceutical projects in North America, which is likely to boost its revenue and market position.
The $4 million contract awards are significant for PPIH as they represent new business in key sectors (oil & gas and pharmaceuticals) and regions (Canada and the U.S.). This is likely to enhance PPIH's revenue and market presence, leading to a positive short-term impact on its stock price.
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