International Business Opportunities » Qurain Petrochemicals’ ‘09 profit up 226%

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»»Qurain Petrochemicals’ ‘09 profit up 226%

Kuwait-based Qurain Petrochemicals Industries Co has posted a net profit of KD7.098m (.8m) for the year ended December, 31, 2009, up 226% from the loss of KD5.6m (.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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