Gulf Petroleum Investment Company reported earnings results for the second quarter and six months ended June 30, 2014. For the six months, the company's net profit almost tripled to KD 2.01 million (USD 7.1 million /EUR 5.3 million) for the six months ended June 30, 2014, up from KD 693,100 a year ago. The earnings per share (EPS) jumped to 5.62 fils for the first half of 2014 from 2.68 fils for the same period last year.

For the second quarter of 2014, the company posted a net profit of KD 1.3 million, up from KD 511,150 million in the second quarter of 2013.