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KPC posts KWD 2bn profit in 12M

KPC posts KWD 2bn profit in 12M
The company’s revenue recorded KWD 20.6 billion in FY17/18

Mubasher: The Kuwait Petroleum Corporation (KPC) has reported a net profit of KWD 2 billion ($6.587 billion) in the fiscal year of 2017/2018.

The company’s revenue recorded KWD 20.6 billion in FY17/18, according to Annahar newspaper.

Meanwhile, KPC’s expenses reached KWD 18.6 billion in the last 12 months.