Wethaq suffers KWD 1 mln losses in 6 months till 30/6/2010
Kuwait Stock Exchange (KSE) announces that the board of Wethaq Takaful Insurance Co. ratified, on Sunday, 15/8/2010, the interim financial statements for the periods that ended on 30/6/2010, as follows:
1- Current periods:
| Item
|
3 months till 30/6/10
|
6 months till 30/6/10
|
| Profit (Loss) (KWD)
|
(300.000)
|
(1.087.000)
|
| EPS (LPS) (fils)
|
(2.73)
|
(9.89)
|
| Total current assets
|
-
|
3.144.000
|
| Total assets
|
-
|
12.925.000
|
| Total current liabilities
|
-
|
1.282.000
|
| Total liabilities
|
-
|
1.282.000
|
| Total shareholders’ equity
|
-
|
10.934.000
|
No revenue or expenses of dealings with related parties were recorded.
2- Comparative periods:
| Item
|
3 months till 30/6/09
|
6 months till 30/6/09
|
| Profit (Loss) (KWD)
|
(1.495.000)
|
(1.595.000)
|
| EPS (LPS) (fils)
|
(13.59)
|
(14.50)
|
| Total current assets
|
-
|
6.228.000
|
| Total assets
|
-
|
19.877.000
|
| Total current liabilities
|
-
|
3.277.000
|
| Total liabilities
|
-
|
3.277.000
|
| Total shareholders’ equity
|
-
|
15.965.000
|
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