🟢 Automated Systems is trading 5% up today on KD 5.8 million Kuwait Airways ERP contract

Automated Systems is trading KWF 1419.00, up 5.03%, after Kuwait Airways signed a three-year, KD 5.8 million contract for an enterprise-resource-planning system.

• The agreement supports Kuwait Airways’ digital transformation and modernization of administrative, financial, and operational systems.
• It is expected to improve Automated Systems’ operating earnings from the third quarter of 2026 through the fourth quarter of 2028.
• No reliable volume or additional August 21-23 company announcement was identified.