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Qurain Petrochemical Industries Company (K.S.C.P) (Kuwait)

Main Activities: Dairy Product Manufacturing | Petrochemical Manufacturing
Full name: Qurain Petrochemical Industries Company (K.S.C.P) Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English & Arabic Download a sample report

Qurain Petrochemical Industries Company KSC (QPIC), a subsidiary of Petrochemical Industries Company, is a Kuwait-based public shareholding company engaged in direct and indirect investment activities in companies that carry on businesses related to the manufacture, purchase, sale, supply, distribution, export and storage of chemical and petrochemical materials and other derivatives. It was established in 2004 the government in order to involve the private sector in the development of the oil and gas sector and promote local industries that add value to the national economy. It is headquartered in Kuwait City.

Legal Address
Sharq, Khaled Bin Al-Waleed Str,Kipco Tower, 26th Floor,P.O. Box No 29299, Safat
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13153

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Website: http://www.qpic-kw.com

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:
2004
Key Executives
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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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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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29.53%
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10%
Subsidiaries
United Petrochemical Industries Company K.S.C. (Closed)
96%
Qurain for Basic Material Industries Company K.S.C. (Closed)
94%
Qurain for Plastic Industries Company K.S.C. (Closed)
94%
Company Performance
Financial values in the chart are available after Qurain Petrochemical Industries 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
12.96%
Total operating revenue
8.54%
Operating profit (EBIT)
-15.94%
EBITDA
2.65%
Net Profit (Loss) for the Period
-13.69%
Total assets
-0.64%
Total equity
-2.46%
Operating Profit Margin (ROS)
-4.6%
Net Profit Margin
-3.94%
Return on Equity (ROE)
-0.35%
Debt to Equity Ratio
-0.47%
Quick Ratio
-0.2%
Cash Ratio
-0.15%

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