Kuwait Insurance reports KWD 3.1 mln profit for 9 months till 30/09/2010
Kuwait Stock Exchange (KSE) announces that the board of Kuwait Insurance Co. endorsed on Wednesday, 03/11/2010 the interim financial statements for the periods 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)
|
292,020
|
3,181,852
|
EPS (fils)
|
1.52
|
16.52
|
Total current assets
|
-
|
46,181,019
|
Total assets
|
-
|
127,721,830
|
Total current liabilities
|
-
|
15,082,013
|
Total liabilities
|
-
|
74,345,042
|
Total shareholders’ equity
|
-
|
53,376,788
|
Total revenue and expenses of dealings with related parties reached KWD 1,544,716 and KWD 518,866 respectively.
2) Comparative periods:
Item
|
3 months till 30/09/09
|
9 months till 30/09/09
|
Profit (Loss) (KWD)
|
238,432
|
(4,486,472)
|
EPS (LPS) (fils)
|
1.23
|
(23.12)
|
Total current assets
|
-
|
39,559,100
|
Total assets
|
-
|
114,861,149
|
Total current liabilities
|
-
|
13,210,592
|
Total liabilities
|
-
|
71,413,305
|
Total shareholders’ equity
|
-
|
43,447,844
|
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