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Alaqaria sustains KWD 1.5 mln losses in 9 months till 30/09/2010

ALAQARIA ALAQARIA 8.28% 34.00 2.60

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Real Estate Holding Co. (Alaqaria), in its meeting held today, Wednesday, 10/11/2010, endorsed interim financial statements for the periods that ended on 30/09/2010 as follows:

1- Current periods:

 

Item

3 months till 30/09/2010

9 months till 30/09/2010

Profit (Loss) (KWD)

  (902.490)

(1.544.943)

EPS (LPS)  (fils)

 (2.92)

 (5.01)

Tal current assets

-

10.926.164

Total assets

-

63.771.171

Total current liabilities

-

31.823.833

Total liabilities

-

37.760.908

Total shareholders’ equity

-

25.981.407

 

 

 

Total revenue and expenses of dealings with related parties reached KWD 82.653 and KWD 1.356 respectively.


2- Comparative periods:
 

 

Item

3 months till 30/09/09

9 months till 30/09/09

Profit (KWD)

865.214

16.730

EPS (fils)

2.8                     

0.05

Total current assets

-

14.283.249

Total assets

-

76.359.201

Total current liabilities

-

32.902.733

Total liabilities

-

39.139.529

Total shareholders’ equity

-

37.170.305

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