VOL. XXXII
NO. 45
14-AUGUST-1989
KUWAIT
KPC's Net Profits Estimated to Rise by 13% in 1989-90 Budget
The Kuwait Petroleum Corporation's net profits for fiscal 1989-90 (1 July1989-30 June 1990) are estimated to rise by 13% to KD136,472,000 ($462.5mn atthe current rate of exchange of KD1=$3.3886) from the previous year's budgetedfigure of KD120,767,000 ($409.2mn), according to the corporation's budget whichhas been published under Law No. 21 of 1989 in the 28 June issue of the OfficialGazette.
The...
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