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Asharq Al-Awsat
Asharq Al-Awsat
Business
Kuwait - Asharq Al-Awsat

HISTORICAL FACTS: Knpc records more than 1 billion net profits - Caught on Camera

Kuwait National Petroleum Company (KNPC) recorded a 133 percent increase in its net profit during the fiscal year 2021-2022 compared to last year.

Walid Al-Badr, CEO of Kuwait Petroleum, announced that the company’s profits for the fiscal year 2021-2022 totaled 341.38 million dinars ($1.114 billion) compared to 146.544 million dinars during FY 2020-2021.

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