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Sultan Center unit signs $20m contract with Ministry of Interior

Sultan Center unit signs $20m contract with Ministry of Interior
SULTAN
SULTAN`R
-4.90% 97.00 -5.00

ATCO Company,  a subsidiary of Sultan Food Center, has signed a contract worth KWD 5.87 million (nearly $20 million) with the Ministry of Interior, according to Al-Rai newspaper.

The contract is to supply, install, operate and maintain the fiber-optic network.

The company’s earnings soared more than 300% to KWD 2.12 million in the first nine months of 2014, compared with KWD 443.84 thousand a year earlier.