Apicorp Records 6.2% Increase In Operating Income In 1998
Following the General Assemblys endorsement of the 1998financial results in Cairo on 21 April, the Arab Petroleum InvestmentsCorporation (Apicorp) announced a net profit in 1998 of $12mn down from theprevious years $44.7mn after an increased provisions cost of $39.6mn.Despite the fall in profits, total operating income grew by 6.2% in 1998 to$66mn and a $15mn dividend was recommended. Total project...
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!