Mubasher: Heavy Engineering Industries and Shipbuilding (HEISCO) has signed a contract with the electricity and water ministry of Kuwait.
The deal has a value of KWD 6.95 million ($23.2 million), with a duration period of 36 months, according to a bourse statement on Wednesday.
HEISCO noted that the financial impact of this contract will be operating profits that will be listed in the income statements of fiscal years 2018 to 2021.
