Gulf Cables receives purchase order worth KWD1.77 million from Dodsal Group
Gulf Cable and Electrical Industries Co. (CABLE) [CABL.KW], announced that it has received a purchase order from Dubai-based conglomerate Dodsal Group for KWD1.77 million to supply ground cables and a variety of high- and medium voltage cables. The company added that it is expected to generate an operating profit of c3% of the purchase order’s value, which is, however, subject to change depending on price changes that may occur. (Mubasher)
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