kuwait Al-Kout Industrial Projects Company (KPSC) posted net profits amounting to KD 8.2 million (approx. USD 24.8 million) in the first nine months of 2022, at a rate of 86 percent as compared to the same period in 2021.

The company said in a statement posted on Boursa Kuwait (the stock exchange) website, on Wednesday, that earning per share amounted to 81.3 fils.

The company is engaged in the manufacture and sale of chlor alkali products. Its products and services are classified into the following segments: chlor alkali, petrochemical products, as well as logistics and transport.

Source: Kuwait News Agency