VOL. XLIV
No 31
30-July-2001
KUWAIT
KPCs Profit For FY2001-02Estimated At $1.98Bn
The net profit of the state-owned Kuwait PetroleumCorporation (KPC) and its subsidiary companies for the twelve-month fiscal year2001-02 is estimated at KD608.1mn ($1,982.4mn), compared to KD389.7mn($1,270.4mn) in the nine-month fiscal year 2000-01. On a pro rata basis, theprofit for the nine months of 2001-02 amounts to KD456.1mn ($1,486.9mn), or 17%higher than the previous year. (Effective 1 July 2000 Kuwait...
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