APICORP net income slumps

Rao, Anuradha; Kovac, Matt
January 2007
ICIS Chemical Business;1/15/2007, Vol. 2 Issue 49, p16
Trade Publication
The article reports on the low income of Arab Petroleum Investment Corp. (APICORP) in 2006. The net income of the company from January to November 2006 is $55.9 million, forty-four percent less compared to the previous year. However, total assets and shareholders equity rose. APICORP, an inter-Arab joint stock company, based in Saudi Arabia, is an affiliate of the Organization of Arab Petroleum Exporting Countries (OAPEC).


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