Kuwait – Mubasher: Gulf Cable and Electrical Industries was awarded a tender worth KWD 2 million ($6.6 million), according to a bourse statement.
The company is expecting 3.75% operating profits of the overall value. However, this financial impact can be changed due to prices.
Gulf Cable said that the financial impact will be registered in the company’s four quarter financial statements of 2016 and until the second quarter of 2017.
