VOL. XXX

NO. 19

16-FEBRUARY-1987

KPC'S 1985-86 ANNUAL REPORT

(The following are some of the highlights from the Kuwait PetroleumCorporation's Annual Report for the fiscal year 1985-86 (1 July 1985-30 June1986),the Arabic version of which has just been released.)

Introduction

KPC's net profits for fiscal 1985-86 fell sharply by over 74% toKD54mn ($184.4mn at the end of June 1986 exchange rate of 1KD = $3.414) fromKD209-1mn ($713.9mn) in 1984-85. In a foreword to the report, KPC's Chairman ofthe...