Arkan sustains KWD 415 thousand losses in 6 months till 31/07/2010
Kuwait Stock Exchange (KSE) announces that the board of Arkan Al-Kuwait Real Estate, in its meeting held today, Thursday, 02/09/2010, endorsed the interim financial statements for the fiscal period that ended on 31/07/2010 as follows:
1) Current periods:
Revenue from dealings with related parties totaled KWD 7.880, with no relevant expenses recorded.
2) Comparative periods:
1) Current periods:
| Item
|
3 months till 31/07/10
|
6 months till 31/07/10
|
| Profit (Loss)(KWD)
|
1.232.804
|
(415.076)
|
| EPS (LPS) (fils)
|
5.6
|
(1.9)
|
| Total current assets
|
-
|
5.263.887
|
| Total assets
|
-
|
35.345.919
|
| Total current liabilities
|
-
|
7.154.885
|
| Total liabilities
|
-
|
9.360.341
|
| Total shareholders’ equity
|
-
|
25.985.578
|
Revenue from dealings with related parties totaled KWD 7.880, with no relevant expenses recorded.
2) Comparative periods:
| Item
|
3 months till 31/07/09
|
6 months till 31/07/09
|
| Profit (KWD)
|
56.317
|
187.254
|
| EPS (fils)
|
0.3
|
0.8
|
| Total current assets
|
-
|
1.761.980
|
| Total assets
|
-
|
37.061.102
|
| Total current liabilities
|
-
|
8.546.199
|
| Total liabilities
|
-
|
8.709.693
|
| Total shareholders’ equity
|
-
|
28.351.409
|
Comments