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International Finance generates KWD 363 thousand profit in 9 months till 30/09/2010

ARZAN ARZAN -0.49% 203.00 -1.00

Kuwait Stock Exchange (KSE) announces that International Finance Co. (IFC) obtained, on Wednesday, 03/11/2010, the approval of the Central Bank of Kuwait (CBK) on the 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)

4.017.839

363.037

EPS (fils)

8.64

0.78

Total current assets

-

64.945.273

Total assets

-

110.006.098‏

Total current liabilities

-

27.765.420

Total liabilities

-

29.177.007

Total shareholders’ equity

-

80.829.091

No revenue or expenses of dealings with related parties were recorded.
2- Comparative periods:

Item

3 months till 30/09/09

9 months till 30/09/09

Profit (Loss) (KWD)

(1.519.834)

2.622.943

EPS (LPS) (fils)

(3.27)

5.64‏

Total current assets

-

78.222.811

Total assets

-

142.005.056

Total current liabilities

-

38.703.162

Total liabilities

-

56.847.066

Total shareholders’ equity

-

85.157.990

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

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