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Al-Madar sustains KWD 11.2 mln losses in 9 months till 30/09/10

MADAR MADAR -4.95% 92.10 -4.80

Kuwait Stock Exchange (KSE) announces that Al-Madar Finance and Investment Co., obtained on Sunday, 26/12/2010, the approval of the Central Bank of Kuwait (CBK), on its interim financial statements for the period that ended on 30/09/2010, as follows:

 

Item

3 months ended 30/09/10

9 months ended 30/09/10

Profit (Loss) (KWD)

 (4.260.019)

(11.205.990) 

EPS (LPS)

(11.98)

 (31.51)

Total current assets

-

70.936.699

Total assets

-

115.486.515

Total current liabilities

-

75.958.002

Total liabilities

-

81.223.748

Total shareholders’ equity

-

27.002.923

 

 

 

 

 

 

 

 

 

 

 

 

Total expenses of dealings with related parties reached KWD 264.746, with no revenue recorded.

 

Item

3 months ended 30/09/09

9 months ended 30/09/09

Profit (Loss) (KWD)

(1.405.762)

(8.656.753)‏

EPS (LPS)

 (3.95)

(24.34)‏

Total current assets

-

81.874.170

Total assets

-

129.784.215

Total current liabilities

-

72.442.942

Total liabilities

-

77.854.004

Total shareholders’ equity

-

47.849.080‏

 

 


 

 

 

 

 

 

 

 

 

Accordingly, trading will resume on the stock as of tomorrow, Tuesday, 28/12/2010

 

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