3.2 Million Dinars in Expected Profits for 'Al-Batrolee' in the Second Quarter

The Independent Petroleum Group Company, “Al Petroleum,” announced the preliminary financial results for the second quarter ended June 30.

The company expects net profit to reach approximately 3.248 million Kuwaiti dinars (equivalent to 17.97 fils per share) in the second quarter of 2026, compared to a net profit of 2.849 million dinars (15.76 fils per share) for the same period in 2025.

The company also expects net profit for the six-month period ended June 30, 2026, to reach around 5.513 million dinars (equivalent to 30.50 fils per share), compared to 4.909 million dinars (27.15 fils per share) for the corresponding period in 2025.

The company confirmed that it will make the official and final announcement of the financial results for the second quarter of 2026 through the Kuwait Stock Exchange within the next three weeks, following completion of the audit by its external auditors.