Kuwait-Mubasher: Gulf Cable and Electrical Industries has received a purchase order worth KWD 1.77 million from Dodsal Group, a Dubai-based conglomerate operating in the engineering, procurement and construction sectors.
The order is expected to generate an operating profit margin of 3%.
The company’s stock levelled 3.17% up to settle at 325 fils at 12:10 pm Kuwait time on Sunday.
