Remal makes KWD 1.7 mln profit in 3 months
Kuwait Stock Exchange (KSE) announces that the board of Kuwait Remal Real Estate, in a meeting held today, Tuesday, 15/05/2012, endorsed interim financial statements for the fiscal period that ended on 31/3/2012, as follows:
1) Financial results:
Item |
3 months ended 31/03/2012 |
3 months ended 31/03/2011 |
Profit (KWD) |
1,754,352 |
1,747,525 |
EPS (fils) |
8.324 |
7.943 |
Total current assets |
1,445,853 |
138,783 |
Total assets |
78,039,129 |
71,485,454 |
Total current liabilities |
4,456,546 |
5,279,289 |
Total liabilities |
33,393,425 |
34,508,891 |
Total shareholders' equity |
44,645,704 |
36,976,563 |
Total expenses of dealings with related parties reached KWD 75,000, with no relevant revenue recorded.
Accordingly, the stock will resume trading as of tomorrow, Wednesday, 16/5/2012.
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