KPC’s net profit may reach KWD 1.4bn in FY19/20

Mubasher: The Kuwait Petroleum Corporation (KPC) has unveiled an estimated net profit of KWD 1.4 billion ($4.61 billion) for the fiscal year 2019/2020.

The estimated revenue of the state-owned company stands at KWD 21.422 billion ($70.58 billion), the company added. 

The KPC estimated its expenses at around KWD 19.966 billion ($65.79 billion), according to Kuwait’s Al Jarida newspaper.

Mubasher Contribution Time: 01-Mar-2019 16:00 (GMT)
Mubasher Last Update Time: 01-Mar-2019 16:00 (GMT)