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National Cleaning unit wins KWD 1.04m tender

National Cleaning unit wins KWD 1.04m tender
The expected profit from this tender is about 2% (Photo Credit: Arabianeye-Reuters)
CLEANING
CLEANING`R
367.77% 283.00 222.50

Kuwait – Mubasher: National Cleaning said that a subsidiary was awarded a tender with a two-year duration period.

The tender contract is worth KWD 1.04 million ($3.43 million, according to a bourse statement issued Sunday.

National Cleaning said that the expected profit from this tender is about 2% with a possibility of changing the percentage based on market’s conditions.

The company’s stock reached 38 fils in the mid-session of Sunday, after 217,000 shares were traded at a value of about KWD 8,250.