ISKAN generates KWD 48 thousand profit in 6 months till 30/6/2010
Kuwait Stock Exchange (KSE) announces that the board of Housing Finance Co. (ISKAN) obtained on Sunday, 15/08/2010, the approval of Central Bank of Kuwait (CBK) on the interim financial statements for the fiscal period that ended on 30/06/2010 as follows:
1- Current periods:
Expenses of dealings with related parties totaled KWD 390.559, with no relevant revenue.
2- Comparative periods:
1- Current periods:
| Item
|
3 months till 30/06/10
|
6 months till 30/06/10
|
| Profit (KWD)
|
18.492
|
48.274
|
| EPS (fils)
|
0.06
|
0.16
|
| Total current assets
|
-
|
56.845.470
|
| Total assets
|
-
|
198.294.298
|
| Total current liabilities
|
-
|
62.674.718
|
| Total liabilities
|
-
|
160.803.401
|
| Total shareholders’ equity
|
-
|
37.490.897
|
Expenses of dealings with related parties totaled KWD 390.559, with no relevant revenue.
2- Comparative periods:
| Item
|
3 months till 30/06/09
|
6 months till 30/06/09
|
| Profit (Loss) (KWD)
|
(2.515.834)
|
(9.563.985)
|
| EPS (LPS) (fils)
|
(8.58)
|
(32.63)
|
| Total current assets
|
-
|
70.205.243
|
| Total assets
|
-
|
218.284.810
|
| Total current liabilities
|
-
|
117.297.242
|
| Total liabilities
|
-
|
177.141.695
|
| Total shareholders’ equity
|
-
|
41.143.115
|
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