Kuwait – Mubasher: Kuwait Company for Process Plant Construction and Contracting (KCPC) has signed a contract with the public works ministry with a maturity of 600 days.
The contract is worth KWD 18.65 million, according to a bourse statement issued on Tuesday.
KCPC expected a profit margin accounting for 6% of the contract’s overall value; this profit will be registered in the financial statements of fiscal year 2017 and until the end of fiscal year 2019.
