Gulf Petroleum Investment profits up 58.8% in FY14

Gulf Petroleum Investment recorded a surge by 58.8% in its earnings of the fiscal year 2014, as it posted KWD 3.78 million ($12.6 million) compared to KWD 2.38 million ($7.9 million) in 2013.

The KSE-listed firm registered losses worth about KWD 18,730 in Q4-2014 against earnings worth KWD 574,340 in Q4-2013.

Gulf Petroleum’s capital stands at KWD 35.8 million, distributed on 358.18 million shares with a par value of 100 fils per share.
 

 

Mubasher Contribution Time: 31-Mar-2015 05:43 (GMT)