Quarain Petrochemicals suffers H1 profits drop

11 August 2010

Kuwait-based Qurain Petrochemicals Industries has registered a net profit of KD1.645m ($5.73m) for the first half of 2010 ending 30 June 2010, compared to KD9.378m in the same period of 2009. The company attributed the decline in earnings to lower petrochemical prices in the first half of 2009 and pre-operating expenses of associate companies.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Take advantage of our introductory offers below for new subscribers and purchase your access today! If you are an existing client, please reach out to your account manager.