Financial Results
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Kuwait's KIPCO posts 295pc rise in H1 net profit
Company, also known as KIPCO, announced a net profit of KD16.6m ($60.5m) for the first six months of 2011. This represented an increase of 295 percent compared to the KD4.2m ($14.4m) profit for the same period last year. KIPCO's second quarter profit of KD8.5m ($30.97m) was an increase of five…
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