Qurain Petrochemical Industries Company (QPIC) has announced a net profit of KD6.3 million ($20.55 million) for the first quarter ended June 30, 2022, compared to KD1.56 million for the same period last year, an increase of 300% year-on-year (YoY).
Qurain Petrochemical Industries Company (QPIC) has announced a net profit of KD6.3 million ($20.55 million) for the first quarter ended June 30, 2022, compared to KD1.56 million for the same period last year, an increase of 300% year-on-year (YoY).
KUWAIT CITY, July 3: Kamco Invest, a regional non-banking financial powerhouse, acted as the Partial Purchase Offer Manager to Qurain Petrochemical Industries Company (QPIC) in purchasing a 9% stake in Advanced Technology Company’s (ATC).This transaction marks the first acquisition by way of Partial
Kamco Invest said it had played advisor to Qurain Petrochemical Industries Company (QPIC) in its purchase of a 9% stake in leading Kuwaiti group Advanced Technology Company (ATC). This marks the first acquisition through Partial Purchase Offer in Kuwait.
Qurain Petrochemical Industries Company’s (QPIC) Board of Directors has approved the asset valuation report and the independent investment advisor’s fairness opinion on its merger with Kuwait Projects Co (Kipco).