Remal generates KWD 3.4 mln profit in 6 months till 30/6/2011
Kuwait Stock Exchange (KSE) announces that the board of Remal Real Estate Co., in its meeting held on Tuesday, August 9, 2011, ratified interim financial statements for the periods that ended on 30/6/2011, as follows:
1- Current periods:
| Item |
3 months till 30/6/11 |
6 months till 30/6/11 |
| Profit (KWD) |
1.738.593 |
3.486.119 |
| EPS (fils) |
8.2 |
16.44 |
| Total current assets |
- |
87.132 |
| Total assets |
- |
71.427.979 |
| Total current liabilities |
- |
8.246.489 |
| Total liabilities |
- |
33.246.489 |
| Total shareholders’ equity |
- |
36.525.883 |
Total revenue and expenses of dealings with related parties reached KWD 4.300.000 and KWD 150.000 respectively.
2 - Comparative periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/10 |
| Profit (KWD) |
- |
9.441.163 |
| EPS (fils) |
- |
47.21 |
| Total current assets |
- |
4.674.073 |
| Total assets |
- |
70.329.880 |
| Total current liabilities |
- |
1.077.670 |
| Total liabilities |
- |
35.180.472 |
| Total shareholders’ equity |
- |
35.149.408 |
Accordingly the stock will resume trading as of today, Thursday, 11/8/2011.
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