OAPEC
Apicorp Registers $41mn Net Profit in 1985
The OAPEC-sponsored Arab Petroleum Investments Corporation (Apicorp) registered a net profit of $41mn in 1985 compared to $53.2mn in 1984, a drop of 23% (MEES, 25 March 1985). At the end of 1985 the Corporation's total assets amounted to $874mn, an increase of 7.1% over 1984, while the shareholders' funds increased by 3.6% to $589mn, representing 67% of total assets and making Apicorp one of the best capitalized Arab financial...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!