Kuwait Stock Exchange (KSE) announces that the board of IFA Hotels & Resorts (IFA HR), in its meeting held yesterday, Sunday, 15/5/2011, ratified interim financial statements for the period that ended on 31/03/2011, as follows:

- Current periods:

 

Item	3 months till 31/03/2011	9 months till 31/03/2011
Profit   (KWD)	2,931,207	4,282
EPS (fils)	6,80	9,93
Total current assets		136,966,095
Total assets		396,803,422
Total current liabilities		182,337,187
Total liabilities		340,425,025
Total shareholders’ equity		55,849,826

 

Total revenue and expenses of dealings with related parties reached KWD 1.381.366 and KWD 1.290.583 respectively.

2- Comparative periods:

 

 

Item	3 months till 31/03/2010	9 months till 31/03/2010
Profit  (Loss) (KWD)	( 4,570,026 )	(9,538,448
EPS (LPS) (fils)	( 10,59 )	(22,08
Total current assets		186,198,525
Total assets		410,322,032
Total current liabilities		192,357,270
Total liabilities		344,125,114
Total shareholders’ equity		62,574,905