Mubasher: Combined Group Contracting Combined Company was awarded KWD 3 million ($9.82 million) worth tender.
The tender, which is offered by the public works ministry, has duration of two year, according to a bourse statement issued on Thursday.
The company expected a profit margin of 4.9% and 5.1% in the first and second year of the contract, with a possibility of modifying this percentage.
On the stock level, Combined Group gained 2.04% to close at 500 fils at Thursday’s closing session.
