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Cable TV posts KWD 2.8 mln losses for 9 months till 30/09/2010

CABLETV CABLETV 16.67% 14.00 2.00

Kuwait Stock Exchange (KSE) announces that Kuwait Cable Vision (Cable TV) endorsed today, Wednesday, 10/11/2010, 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 (Loss) (KWD)

 (1,924,359)

(2,856,664)

EPS (LPS) (fils)

(22,16)

(42,50)

Total current assets

-

4,152,876

Total assets

-

6,234,825

Total current liabilities

-

3,058,570

Total liabilities

-

3,144,753

Total shareholders’ equity

-

3,090,072


Expenses of dealings with related parties totaled KWD 44.254, with no relevant revenue recorded.


2- Comparative periods:

Item

3 months till 30/09/09

9 months till 30/09/09

Profit (Loss) (KWD)

(283,587)

(532,423)

EPS (LPS) (fils)

(4.95)

(9.3)

Total current assets

-

2,537,666

Total assets

-

6,129,310

Total current liabilities

-

3,049,909

Total liabilities

-

3,132,830

Total shareholders’ equity

-

2,996,480 



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