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Equipment holding unit awarded KWD13.6m tender

Equipment holding unit awarded KWD13.6m tender
EQUIPMENT
EQUIPMENT
-5.46% 53.70 -3.10
Equipment Holding said its 99%- owned Equipment Co WLL subsidiary has awarded KWD13.6 million tender from Kuwait's Public Authority for industry.

The company's interim financial statements for H1-FY14 have reflected KWD 497 thousands net profit, with regression by 84.2% from KWD 3.17 million in the corresponding period of previous year. Equipment is a public company, listed on Kuwait Stock Exchange since October, 2004 operating within the diversified financial sector focusing on multi-sector holdings. It has 4 subsidiaries operating across Kuwait, working on capital goods and construction materials.