Kuwait – Mubasher: Al Salam Group Holding, which is listed on Dubai and Kuwait bourses, said Tuesday that its subsidiary Al Sari National General Trading and Contracting LLC was awarded a tender worth KWD 2.66 million ($8.8 million) in Kuwait.
The tender was signed on Sunday between the group and contract owner Kuwait’s transportation ministry.
Under the three-year tender, Al Salam arm will provide mailing services at expected revenue of KWD 399,000.
Al Salam earlier posted a 68.5% fall in H1 net profit to KWD 156,060 ($514,000).
