The heavy engineering and shipbuilding company announced a tender for a subsidiary of 3.82 million dinars, in favor of the Kuwaiti Ports Foundation.

"The ships said in a statement of Kuwait Stock Exchange on Tuesday that the tender was broken down on the Gulf Construction Company for Construction, Maritime and General Contracting.

The company's profits fell 14.1% in the first quarter of this year; To reach 1.73 million dinars, compared to 2.01 million dinars the same period of 2020.