Arab Real Estate sustains KWD 4.5 mln losses in 9 months till 30/09/2010
Kuwait Stock Exchange (KSE) announces that the board of Arab Real Estate ratified today, Thursday, 11/11/2010, 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) |
(1.451.200) |
(4.518.651) |
| EPS (LPS) (fils) |
(2.87) |
(8.94) |
| Total current assets |
- |
1.986.972 |
| Total assets |
- |
171.995.209 |
| Total current liabilities |
- |
86.867.272 |
| Total liabilities |
- |
106.869.784 |
| Total shareholders’ equity |
- |
65.099.160 |
Expenses of dealings with related parties totaled KWD 97.538, with no relevant revenue recorded.
2- Comparative periods:
| Item |
3 months till 30/09/09 |
9 months till 30/09/09 |
| Profit (Loss) (KWD) |
(386.130) |
5.882.494 |
| EPS (LPS) (fils) |
(0.76) |
11.64 |
| Total current assets |
- |
4.441.140 |
| Total assets |
- |
183.227.013 |
| Total current liabilities |
- |
66.823.186 |
| Total liabilities |
- |
110.417.608 |
| Total shareholders’ equity |
- |
72.778.921 |
Comments