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Petrogulf makes KWD 338 thousand in 6 months till 30/06/2010

GPI GPI 4.65% 13.50 0.60
Kuwait Stock Exchange (KSE) announces that the board of Gulf Petroleum Investment Co. (Petrogulf) ratified, on Thursday, 12/08/2010, the interim financial statements for the fiscal periods that ended on 30/06/2010, as follows:

1) Current periods:

Item

3 months till 30/06/10

6 months till 30/06/10

Profit (KWD)

1,166,180

338,577

EPS (fils)

5.33

1.55

Total current assets

-

7,399,206

Total assets

-

56,046,585

Total current liabilities

-

13,322,201

Total liabilities

-

31,322,075

Total shareholders’ equity

-

24,012,294


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 (Loss) (KWD)

(618,005)

(2,186,599)

EPS (LPS) (fils)

(2,83)

(9,99)

Total current assets

-

17,121,017

Total assets

-

60,885,494

Total current liabilities

-

15,619,064

Total liabilities

-

30,518,486

Total shareholders’ equity

-

30,367,008


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