VOL. XXX

NO. 24

23-MARCH-1987

OPEC

Apicorp Registers $42mn Net Profit in 1986

The OAPEC-sponsored Arab Petroleum Investments Corporation (Apicorp)registered a net profit of $42mn in 1986 compared to $41mn in 1985, an increaseof 2.4% (MEES, 17 March 1986). At the end of 1986 the Corporation's total assetsamounted to $1,070mn, an increase of about 22% over 1985, while theshareholders' funds - after the appropriation of dividends for 1986 - increasedto $611mn, representing 57% of total assets. The...