Independent Petroleum makes KWD 2.2 mln in 6 months till 30/6/10
Kuwait Stock Exchange (KSE) announces that the board of Independent Petroleum Group (IPG), on Monday, 02/08/2010, endorsed interim financial statements for the periods that ended on 30/6/2010, as follows:
1) Current periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/10 |
| Profit (KWD) |
634,766 |
2,213,946 |
| EPS (fils) |
4,39 |
15,32 |
| Total current assets |
- |
251,814,009 |
| Total assets |
- |
303,799,015 |
| Total current liabilities |
- |
229,969,760 |
| Total liabilities |
- |
236,323,470 |
| Total shareholders’ equity |
- |
67,475,545 |
Revenue and expenses of dealings with related parties totaled KWD 60,939,537 and KWD 60,939,537 in a row.
2- Comparative periods:
| Item |
3 months till 30/6/09 |
6 months till 30/6/09 |
| Profit (KWD) |
1,148,508 |
2,632,826 |
| EPS (fils) |
7,95 |
18,19 |
| Total current assets |
- |
193,803,710 |
| Total assets |
- |
236,614,313 |
| Total current liabilities |
- |
172,098,905 |
| Total liabilities |
- |
179,095,936 |
| Total shareholders’ equity |
- |
57,518,377 |
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