Mubasher: Independent Petroleum Group (IPG) achieved an increase of 16.2% in profits during the second quarter of 2018 compared to the same period last year.
Earnings grew to KWD 2.23 million ($7.38 million) in Q2-18 from KWD 1.92 million ($6.36 million) in Q2-17, according to a bourse statement on Wednesday.
During the first six months of 2018, IPG recorded a rise of 20.9% in profits to KWD 4.4 million compared to KWD 3.64 million in the same half in 2017.
