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Paper makes KWD 780 thousand in 6 months till 30/6/2010

PAPER PAPER 7.10% 196.00 13.00
Kuwait Stock Exchange (KSE) announces that the board of Shuaiba Industrial Co. (Paper) endorsed today, Tuesday, 03/08/2010, the interim financial statements for the periods that ended on 30/6/2010, as follows:

1- Current periods:

Item

3 months till 30/06/10

6 months till 30/06/10

Profit (KWD)

394.611

780.170

EPS (fils)

7.25

14.33

Total current assets

-

6.871.234

Total assets

-

15.258.610

Total current liabilities

-

1.254.749

Total liabilities

-

1.686.367

Total shareholders’ equity

-

13.572.243


No revenue or expenses of dealings with related parties were recorded.

2- Comparative periods:

Item

3 months till 30/06/09

6 months till 30/06/09

Profit (KWD)

459.558

742.165

EPS (fils)

8.44

13.63

Total current assets

-

6.866.698

Total assets

-

14.910.462

Total current liabilities

-

1.488.416

Total liabilities

-

2.086.665

Total shareholders’ equity

-

12.823.797

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