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Kuwait National Petroleum Company (Kuwait)

Main Activities: Oil and Gas Extraction | Petroleum Refineries | Petroleum and Petroleum Products Merchant Wholesalers
Full name: Kuwait National Petroleum Company Profile Updated: September 28, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Kuwait National Petroleum Company (KNPC) is a subsidiary of the Kuwait Petroleum Corporation (KPC), which is 100% owned by the government of Kuwait. KNPC is Kuwait's monopolist refining company. It was established in 1960 as a shared company between public and private sector and became fully government-owned in 1975. Since 1968 the company had been exporting petroleum products from its Shuaiba Refinery. KNPC took control of distributing petroleum products within Kuwait. KNPC operates three refineries: Mina AL-Ahmadi (MAA), Mina Abdullah (MAB) and Shuaiba (SHU) plus Local Marketing facilities. KNPC handles the responsibility of oil refining, gas liquefaction, and distribution of petroleum goods within the local market.

Headquarters
P.O. Box 70, Safat 13001
Al Safat; Al-Asimah / Capital Governorate;

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Website: http://www.knpc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1960
Key Executives
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Chairperson
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Vice Chairperson
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Chief Executive Officer
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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100%
Subsidiaries
Kuwait Aromatics Company K.S.C.
60%
Kuwait Aviation Fuelling Co. Spc
Company Performance
Financial values in the chart are available after Kuwait National Petroleum Company 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
95.48%
Total operating revenue
95%
Operating profit (EBIT)
78.41%
EBITDA
77.69%
Net Profit (Loss) for the Period
136.21%
Total assets
2.91%
Total equity
8.14%
Operating Profit Margin (ROS)
-0.36%
Net Profit Margin
0.57%
Return on Equity (ROE)
9.42%
Debt to Equity Ratio
-32.99%
Quick Ratio
0.01%
Cash Ratio
-0%

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