VOL. XLV

No 27

8-July-2002

KUWAIT

KPC Says Profits Climb In 9 Months Ending 31 March, 2001

KuwaitPetroleum Corporation (KPC) said in its latest annual report that its netprofits climbed to KD905.6mn ($2,999mn) in the nine months ending on 31 March 2001,compared to KD784.1mn ($2,596mn) in the 12-month period ending 30 June 2000.The annual report covers the nine month period as a result of the change to Kuwaitsfiscal year, which now ends on 31 March. KPC said that profits jumped as aresult of the...