Mubasher: Soor Fuel Marketing (Soor) has won a selective practice by the Kuwaiti Ministry of Interior to supply fuel provision cards and RFID system for fuel control and management.
The contract signing process is still in progress, according to a stock exchange statement on Thursday.
The exact value of the contract was not disclosed, however, Soor Fuel said it will announce further details upon signing the contract.
The announcement has no material impact on the company’s financial position.
It is noteworthy that in 2019, the company’s profits levelled up by 1.2% to KWD 3.46 million from KWD 3.42 million in the previous year.
Source: Mubasher
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