Buyout Unit Extends Kuwait Oil Deal

Beit Holdings Company announced the extension of the nursing services contract with Kuwait Oil Company at Al-Ahmadi Hospitals for one year, at an additional cost of 7.68 million Kuwaiti dinars. The extension will continue until July 7, 2027. Currently, there is no immediate financial impact of this extension on the company's results; the financial effects will be reflected during the contract execution period. This announcement comes after the net profit in the first quarter of 2026 declined to 2.02 million dinars, representing a decrease of 36.11% compared to the same period of the previous year.

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