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Kuwait’s Qurain Petrochemical reports 18% gain in net profit

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/07/2016 (14:23)
According to media reports, Kuwait’s Qurain Petrochemical Industries Company (QPIC) announced an increase of 18% in its net profit for the first quarter of the financial year 2016/2017. The company’s net profit for the quarter increased to 4.98 million Kuwaiti dinars ($16.5 million).

Earnings per share (EPS) for the quarter also increased to $15.85 cents compared to $13.33 cents in the same period last year.
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