Wethaq reports KWD 816 thousand loss for 9 months till 30/9/2010
Kuwait Stock Exchange (KSE) announces that the board of Wethaq Takaful Insurance Co. (Wethaq) endorsed yesterday, 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)
|
233.000
|
(816.000)
|
| EPS (LPS) (fils)
|
1.68
|
(8.22)
|
| Total current assets
|
-
|
3.374.000
|
| Total assets
|
-
|
13.537.000
|
| Total current liabilities
|
-
|
1.630.000
|
| Total liabilities
|
-
|
1.630.000
|
| Total shareholders’ equity
|
-
|
11.167.000
|
Total expenses of dealings with related parties reached KWD 49.500, with no related revenue recorded.
2- Comparative periods:
| Item
|
3 months till 30/09/09
|
9 months till 30/09/09
|
| Profit (Loss) (KWD)
|
(3.095.000)
|
(4.690.000)
|
| EPS (LPS) (fils)
|
(28.14)
|
(42.64)
|
| Total current assets
|
-
|
7.262.000
|
| Total assets
|
-
|
18.286.000
|
| Total current liabilities
|
-
|
8.260.000
|
| Total liabilities
|
-
|
8.260.000
|
| Total shareholders’ equity
|
-
|
13.353.000
|
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