VOL. XLIII

No. 35

28-August-2000

KUWAIT

KPCs Net Profits For Nine-Month Fiscal 2000-01 Estimated At $1.27Bn

The net profit of the state-owned Kuwait Petroleum Corporation (KPC) and its subsidiary companies for fiscal year 2000-01 which covers the nine month period 1 July 2000-31 March 2001 is estimated at KD389.7mn ($1,266mn at the current rate of exchange of $1=KD0.3087). The budget has been drawn up for the nine-month period to bring it into line with the change in the fiscal year date from 1...