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FINANCIAL NEWS
Kuwait’s Kipco reports USD23.4m profit in Q3
05 Nov 2012
(MENAFN) Kuwait Projects Company (Kipco) reported a 7 percent decline in quarterly profit, Reuters reported.
The country’s largest investment company by assets earned USD23.4 million net profit during the third quarter, down from USD25.15 million a year earlier.
Kipco also reported a 0.4 percent increase in profits during the first three quarters of 2012 to USD84.3 million from USD83.6 million a year earlier.
Founded in 1975, the group has significant ownership interests in a portfolio of over 70 companies operating across 26 countries.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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