Date : 01-03-2021
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maintenance services of Kuwait Oil Company field roads network at North and West Kuwait with a value of KD 4,441,998 (four million four hundred and forty-one thousand nine hundred and ninety-eight Kuwaiti dinars) for a period of four years.

 

The subsidiary is expected to achieve a profit margin of 2.0% - 4.0% of the contract value, considering that the profit margin is an estimate and is not fixed in light of the stages of the project, the implementation period, completion rates and the extent to which actual results are achieved after the full implementation of the project. The share of Alimtiaz Investment Group of 50.69% is calculated from the net profit according to the estimated percentage completion.

Disclosures