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Oula Fuel makes KWD 2 mln in 6 months till 30/06/11

OULAFUEL OULAFUEL -1.44% 137.00 -2.00

Kuwait Stock Exchange (KSE) announces that the board of Oula Fuel Marketing Co. (OULAFUEL), in its meeting held on Tuesday, 26/7/2011, approved interim financial statements for the periods ended on 30/06/11, as follows:

1- Current periods:

 

Item
3 months till 30/06/11
6 months till 30/06/11
Profit (KWD)
1,079,012
2,034,912
EPS (KWD fils)
3,31
6,25
Total current assets
-
17,182,950
Total assets
-
50,779,215
Total current liabilities
-
9,196,438
Total liabilities
-
9,371,000
Total shareholders’ equity
-
41,408,215


Expenses of dealings with related parties totaled KWD 317.736, with no relevant revenue recorded.


2- Comparative periods:
 

 

Item
3 months till 30/06/10
6 months till 30/06/10
Profit (KWD)
671,605
1,598,806
EPS (KWD fils)
2,4
4,85
Total current assets
-
12,671,162
Total assets
-
46,599,782
Total current liabilities
-
8,336,709
Total liabilities
-
8,556,431
Total shareholders’ equity
-
38,043,351

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