VOL. XXXVI

NO. 52

27-SEPTEMBER-1993

KUWAIT

KPC's 1993-94 Budget Estimates Net Profits At $1,120Mn

The net profits of Kuwait Petroleum Corporation (KPC) for fiscal 1993-94,which began on 1 July, are estimated at KD338.1mn ($1,119.9mn at the currentexchange rate of KD1=$3.3124) as compared to KD135.8mn ($449.8mn) in theprevious year, according to the corporation's budget which has been publishedunder Law No. 26 of 1993 in the 5 September issue of the official gazette,Kuwait al-Yaum. Total revenues...