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National Investments posts KWD 6.2 mln profit for 9 months till 30/09/2010

NINV NINV 1.25% 243.00 3.00

Kuwait Stock Exchange (KSE) announces that the board of National Investments Co. (NIC) obtained yesterday, Monday, 01/11/2010, the approval of the Central Bank of Kuwait (CBK) on interim financial statements for the period that ended on 30/09/2010, as follows:

1- Current periods:


Item

3 months till 30/09/10

9 months till 30/09/10

Profit (KWD)

49.811

6.214.989

EPS (fils)

0.1

7

Total current assets

-

38.331.126

Total assets

-

269.252.514

Total current liabilities

-

60.975.533

Total liabilities

-

60.975.533

Total shareholders’ equity

-

208.276.981

No revenue or expenses of dealings with related were recorded.


2- Comparative periods:


Item

3 months till 30/09/09

9 months till 30/09/09

Profit (Loss) (KWD)

(6.510.567)

(5.057.040)

EPS (LPS) (fils)

(8)

(6)

Total current assets

-

37.218.687

Total assets

-

261.778.239

Total current liabilities

-

40.135.662

Total liabilities

-

46.283.662

Total shareholders’ equity

-

215.494.577


Accordingly, the stock will resume trading ten minutes after the announcement.


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