Kuwait-based Qurain Petrochemicals Industries Co has posted a net profit of KD7.098m ($24.8m) for the year ended December, 31, 2009, up 226% from the loss of KD5.6m ($19.6m) of 2008. The company's board of directors has recommended not distributing dividends for the year 2009 to ensure funding for projects and planned growth, the company said.
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