Kuwait – Mubasher: Oula Fuel Marketing said it signed a preliminary selling contract for a property worth KWD 14 million.
The Kuwaiti listed firm said the financial impact of the selling transaction would be reflected at its financial results for the third quarter of 2016, where this transaction is expected to generate profits of nearly KWD 1 million.
Oula Fuel posted net profits of KWD 1.21 million in Q2-2016, up from KWD 926.060 for the same period a year earlier.
