Middle East Economic Survey
VOL. XLVII
No 29
19-July-2004
KUWAIT
Boubyan Petrochemical Company Doubles Profit In FY 2003-04
The privately-owned Boubyan Petrochemical Company recorded a net profit of KD12.45mn ($42.3mn) in FY 2003-04, nearly double the figure for the previous year (KD6.26mn). Earnings per share were 31.28 fils, up from 15.84 fils, and the company has proposed a cash dividend of 15 fils per share. Boubyan owns 10% of Equate Petrochemical Company a joint venture between Kuwaits...
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