Kuwait Petroleum expects 3.9 million dinars in net profit for Q3
Kuwait Petroleum Corporation announced preliminary financial results for the third quarter of 2026, expecting net profits of 3.9 million dinars, with results to be presented at the board meeting and final figures announced via the Kuwait Stock Exchange.
Translated by Qiyas from الأنباء — Original source
The Independent Petroleum Group Company announced the preliminary, unaudited financial results for the third quarter ended September 30, 2026, which were reviewed during the company’s board of directors meeting held yesterday. Net profit is expected to reach approximately 3.9 million Kuwaiti dinars, equivalent to about 21.60 fils per share, compared to a net profit of 2.012 million dinars for the three months ended September 30, 2025, equivalent to 11.13 fils per share. Additionally, the company’s net profit for the nine-month period ended September 30, 2026, is expected to reach approximately 9.415 million dinars, equivalent to about 52.09 fils per share, compared to a net profit of 6.921 million dinars for the nine months ended September 30, 2025, equivalent to 38.28 fils per share. The company will announce the final financial results for the third quarter of 2026 through the Kuwait Stock Exchange, following the completion of the external auditor’s review, which is expected to be finalized within the next three weeks.
