Investor Overview

Mushrif is a leading civil construction and infrastructure company with almost five decades of experience in Kuwait and the Gulf region, and a solid track record of quality construction.

As of January 1, 2016, the company had a backlog in excess of KD 250 million (US$825 million).

2015 Landmark Contracts

KD 8.9 million (US$ 29.4 million) contract with the Kuwait Oil Company (KOC) to construct the flowlines and source well in the Minagish oil field.

KD 82.8 million (US$ 273.2 million) contract with the Ministry of Public Works to build a 40-kilometer road link to Mina Abdulla City and Wafra.

KD 13.99 million (US$ 46.2 million) contract with the Ministry of Public Works for roadworks at the Al Bidda roundabout to improve the flow of traffic.

Lowest Bidder: KD 74.9 million (US$ 247.2 million) contract with the Ministry of Public Works for the construction of a treated sewage effluent (TSE) network and reservoir.

(KD million)	2013	2014	2015
Operating Revenue	38.0	35.5	50.2
Gross Profit	3.9	2.5	4.1
Net Profit	1.5	-2.9	1.0
Total Assets	96.5	90.8	105.8
Total Liabilities	65.9	51.9	64.9
Total Equity	30.6	38.9	40.8

(KD million)

2013

2014

2015

Operating Revenue

38.0

35.5

50.2

Gross Profit

3.9

2.5

4.1

Net Profit

1.5

-2.9

1.0

Total Assets

96.5

90.8

105.8

Total Liabilities

65.9

51.9

64.9

Total Equity

30.6

38.9

40.8