VOL. XXXIII
NO. 7
20-NOVEMBER-1989
OAPEC
Apicorp's Net Profits Stand at $16.3mn in 1988
The OAPEC-sponsored Arab Petroleum Investments Corporation (Apicorp) realizeda net income of $16,342,000 in 1988 showing only a slight increase of 1.19% overprofits for 1987 of $16,150,000, according to the corporation's Annual Report,which has just been released. According to the report, Apicorp in 1988, the yearwhich began under the shadow of the October 1987 stock market crash,concentrated its efforts on...
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