VOL. XLI
No. 10
9-March-1998
KUWAIT
Kuwait's IPG Announces Net Profits Of $20.4Mn In 1997
The private Kuwaiti oil company, Independent Petroleum Group S.A.K. (IPG) has announcednet profits for 1997 of KD6,223,152 ($20.41mn at the annual average exchange rate of1KD=$3.28) as compared to a loss of KD2,677,446 ($8.78mn) in the previous year, accordingto the company's audited financial statements, which have just been released. Thesuccessful turnaround of the company's financial standing is...
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!