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Tuesday, July 25, 2017 12:52 GMT
Kuwait-based Qurain Petrochemical Industries Company (QPIC) has reported a net profit of KD6.17 million (US$20.23 million) for the first quarter of 2017-18, representing a 24% increase over the same period last year. Consolidated gross profit increased 11% to reach KD18.60 million (US$60.98 million) from KD16.77 million (US$54.98 million) reported for the same period last year owing to the increase in sales during the period, it said. Total assets stood at KD620.55 million (US$2.03 billion) as...More