Al Masaken reports KWD 6 thousand profit for 9 months till 30/09/2010
Kuwait Stock Exchange (KSE) announces that the board of Al Masaken International Real Estate Development Co., endorsed on 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 30/09/2010
|
9 months till 30/09/2010
|
Profit (KWD)
|
28,742
|
6,827
|
EPS (fils)
|
0.13
|
0.02
|
Total current assets
|
-
|
3,605,881
|
Total assets
|
-
|
27,455,926
|
Total current liabilities
|
-
|
2,905,474
|
Total liabilities
|
-
|
2,958,282
|
Total shareholders’ equity
|
-
|
24,366,125
|
Revenue from dealings with related parties totaled KWD 78,696, with no relevant expenses recorded.
2) Comparative periods:
Item
|
3 months till 30/09/2009
|
9 months till 30/09/2009
|
Profit (KWD)
|
75,521
|
248,030
|
EPS (fils)
|
0.38
|
1.24
|
Total current assets
|
-
|
2,859,182
|
Total assets
|
-
|
26,621,558
|
Total current liabilities
|
-
|
2,173,749
|
Total liabilities
|
-
|
2,226,325
|
Total shareholders’ equity
|
-
|
24,284,757
|
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