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Independent Petroleum Group Company K.S.C.P. (Kuwait)

Main Activities: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) | Farm Supplies Merchant Wholesalers
Full name: Independent Petroleum Group Company K.S.C.P. Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Independent Petroleum Group is a group of companies with worldwide operations in the trading and marketing of crude oil, petroleum products, petrochemicals and fertilizers. In addition to this core activity, IPG has interests in pipelines and shipping. IPG focuses its activities on special, high-return markets in the Red Sea, East Africa and the Indian Sub-Continent. The company became a public limited company with the decision coming into force on 10 December 1995 and its shares became listed on the Kuwait Stock Exchange.

Headquarters
Block 1A, Street 7, Bldng 18, 4Th Ring Road, P.O. Box 24027
Jabriya, Hawalli Governorate; Postal Code: 13101

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Website: http://www.ipg.com.kw

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1976
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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6.759%
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6.128%
Subsidiaries
D K Holding Llc (United Arab Emirates)
Independent Petroleum Group (Asia) Pte. Limited (Singapore)
Independent Petroleum Group (South Africa) (Pty) Ltd (South Africa)
Company Performance
Financial values in the chart are available after Independent Petroleum Group Company K.S.C.P. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net sales revenue
-35.14%
Total operating revenue
-34.96%
Operating profit (EBIT)
-25.96%
EBITDA
-14.8%
Net Profit (Loss) for the Period
2.12%
Total assets
12.4%
Total equity
4.58%
Operating Profit Margin (ROS)
0.19%
Net Profit Margin
0.26%
Return on Equity (ROE)
-0.18%
Debt to Equity Ratio
-14.03%
Quick Ratio
0.07%
Cash Ratio
-0.15%

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