Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) announced signing a contract valued at KWD 1.3 million ($4.3 million) for the interior ministry.
The contract has a duration of 24 months with expected operating profits, according to a bourse statement on Monday.
HEISCO noted that the financial impact of this contract will be listed in the income statements for fiscal years 2018, 2019, and 2020.
At the stock level, HEISCO closed Monday’s session 2.3% lower at 342 fils.
