VOL. XXXIX

No. 43

22-July-1996

KUWAIT

KPC Announces Record Profits Of$2.7Bn For 1994-95

IntroductionThe Chairman of the Board of Directors of the the state-owned Kuwait Petroleum Corporation (KPC), the Kuwaiti Minister of Oil, Dr. 'Abd al-Muhsin al-Mud'ij, stated in hisintroduction to the corporation's 1994-95 Annual Reportthat in fiscal 1994-95 (1 July 1994-30 June1995) KPCachieved the most successful financial results since itsfoundation 15 years ago with total consolidated revenues ofKD5,389mn...