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...