Alkout Industrial projects announces Financial Results for the First Quarter of 2024

Alkout Industrial projects reported a net profit of the period of 2 million KWD, compared to 1.8 million KWD for the first quarter of 2023, an increase of 11% from the previous year. AIP also reported a total revenue of 8.5 million KWD in the first quarter of 2024.

Alkout CEO Faisal Malallah message regarding Q1 results.

The promising Financial results of the first quarter of 2024, is an outcome of our focus on operational excellence, continuous improvement and our investment in strategic initiatives. As we move forward in 2024, we are committed to exceed expectation and solidify our position as a leader of the chlor-alkali industry in the region.