VOL. XXX
NO. 24
23-MARCH-1987
KUWAIT
KNPC Registers Net Profit of $213mn in 1985-86
The Kuwait National Petroleum Company (KNPC), a wholly-owned subsidiary ofthe state-owned Kuwait Petroleum Corporation (KPC), registered a net profit ofKD62,396,264 ($213mn at the end of June 1986 exchange rate of KD1 = $3.414) onits refining and product marketing operations in the fiscal year 1985-86 (1 July1985-30 June 1986), as com- pared to KD61,105,985 ($208.6mn), in the previousyear, according to the...
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