KIPCO’s diversification, operational strength will help to face challenges

2017 is company’s base for next five years, says Vice Chairman

KUWAIT CITY, April 5: At its Annual Shafafiyah ‘Transparency’ Investors’ Forum, KIPCO — the Kuwait Projects Company (Holding) — said that external challenges such as regulations, currency fluctuation and oil prices, will impact the company’s profitability in 2017. However, KIPCO’s diversified investments, the strong support it has from its shareholders, and the internal practices that have been intangible to the Group’s success will help the company tackle these challenges.

At the company’s annual investors’ forum, KIPCO presented a review of 2016 and its outlook for 2017 to 2018 to an audience of shareholders, financial analysts and institutional investors.