Al-Madar incurs KWD 6.9 mln losses in 6 months till 30/06/2010
1) Current periods:
| Item
|
3 months ended 30/06/10
|
6 months ended 30/06/10
|
| Profit (Loss) (KWD)
|
(3,721,396)
|
(6,945,971)
|
| EPS (LPS) (fils)
|
(10.46)
|
(19.53)
|
| Total current assets
|
-
|
73,790,701
|
| Total assets
|
-
|
119,582,561
|
| Total current liabilities
|
-
|
75,857,380
|
| Total liabilities
|
-
|
81,107,000
|
| Total shareholders’ equity
|
-
|
31,446,783
|
Total expenses of dealings with related parties reached KWD 176,410, with no relevant revenue recorded.
2) Comparative periods:
| Item
|
3 months ended 30/06/09
|
6 months ended 30/06/09
|
| Profit (Loss) (KWD)
|
(3,280,688)
|
(7,250,991)
|
| EPS (LPS) (fils)
|
(9.22)
|
(20.39)
|
| Total current assets
|
-
|
92,650,305
|
| Total assets
|
-
|
136,919,717
|
| Total current liabilities
|
-
|
76,753,457
|
| Total liabilities
|
-
|
82,345,313
|
| Total shareholders’ equity
|
-
|
49,443,200
|
Accordingly, the stock will resume trading as of tomorrow, Wednesday, 15/09/2010.
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