Kipco ..... largest investment company in Kuwait
Kipco Q1 profit rises by 17pc
DOHA, May 3, 2015
Kuwait Projects Company (Kipco), the Gulf state's largest investment company, reported a 17 per cent rise in first-quarter net profit.
Net profit in the three months to March 31 was KD12 million ($40 million), compared to KD10.3 million in the same period last year, the firm said in a statement.
Kipco, a regional investment house with stakes in media, industrial, financial and real estate companies, said operating profits before provisions for the period rose to KD37 million from KD34 million in the first-quarter of 2014. - Reuters