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Automated Systems makes KWD 601 THD in 9 months till 30/09/2011

ASC ASC -0.43% 234.00 -1.00

Kuwait Stock Exchange (KSE) announces that the board of Automated Systems Co., in a meeting held today, Monday, 14/11/2011, endorsed the interim financial statements for the fiscal periods that ended on 30/09/2011 as follows:

1) Current periods:

Item

3 months ended 30/09/2011

9 months ended 30/09/2011

Profit (KWD)

178,488

601,300

EPS (fils)

4.46

15.02

Total current assets

-

9,515,796

Total assets

-

10,225,555

Total current liabilities

-

10,078,280

Total liabilities

-

1,531,822

Total shareholders’ equity

-

8,693,733

Total revenue and expenses of dealings with related parties reached KWD 48,268 and KWD 23,583 respectively.

2) Comparative periods:

Item

3 months ended 30/09/2010

9 months ended 30/09/2010

Profit (KWD)

279,215

658,142

EPS (fils)

6.97

16.44

Total current assets

-

10,006,284

Total assets

-

10,776,585

Total current liabilities

-

1,256,931

Total liabilities

-

1,683,152

Total shareholders’ equity

-

9,093,433

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