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Published Date : 27 Oct 2016
QPIC’s net profit jumps 59% to KD 10.49

QPIC’s net profit jumps 59% to KD 10.49 million (US$ 34.74 million) for the first half of FY 2016/2017

 

-    Significant increase in share of income from subsidiaries and associates

-    Investments in associates increased by 10% due to higher share of income from KARO & NAPESCO.

QPIC is actively seeking new local and regional investment opportunities that complement its investments’ structure