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Process Plant makes KWD 1.1 mln in 9 months till 30/09/2010

KCPC KCPC -0.60% 329.00 -2.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Co. for Process Plant Construction & Contracting (KCPC) approved yesterday, Monday, 08/11/2010 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)

1,091,604

1,176,883 ‏‏‏‏

EPS (fils)

19.66

21,18

Total current assets

-

21,616,494‏

Total assets

-

33,873,141‏

Total current liabilities

-

14,609,814 

Total liabilities

-

19,584,440 ‏

Total shareholders’ equity

-

14,288,701 

Total revenue and expenses from dealings with related parties reached KWD 10,620 and KWD 4,568 respectively.


2- Comparative periods:

 

Item

3 months till 30/09/09

9 months till 30/09/09

Profit (KWD)

307,232

1,369,023 ‏‏‏

EPS (fils)

5,54

24,67

Total current assets

-

25,257,868

Total assets

-

34,794,340‏

Total current liabilities

-

18,807,608 ‏

Total liabilities

-

24,318,547 ‏

Total shareholders’ equity

-

10,475,793 ‏


Accordingly, the stock will resume trading as of tomorrow, Wednesday, 10/11/2010.

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