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Equate Group posts $3 1bn revenue in 2023; net income down

Kuwait-based Equate Group, a leader in petrochemicals sector, said its revenue for 2023 stood at $3.1 billion compared to $3.9 billion the year before, while its net income after tax hit $308 million amid challenging market conditions for the industry.

Equate Group posts $3 1bn revenue in 2023; net income down

Kuwait-based Equate Group, a leader in petrochemicals sector, said its revenue for 2023 stood at $3.1 billion compared to $3.9 billion the year before, while its net income after tax hit $308 million amid challenging market conditions for the industry.

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