Amwal incurs KWD 652 thousand loss in 9 months till 30/09/2010
Kuwait Stock Exchange (KSE) announces that Amwal International Investment Co., obtained on Tuesday, 23/11/2010 the approval of the Central Bank of Kuwait (CBK) on 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)
|
(365,062)
|
(652.036)
|
| EPS (LPS) (fils)
|
(2)
|
(3.6)
|
| Total current assets
|
-
|
805,141
|
| Total assets
|
-
|
24,709,283
|
| Total current liabilities
|
-
|
216,236
|
| Total liabilities
|
-
|
622,851
|
| Total shareholders’ equity
|
-
|
24,086,279
|
Total expenses of dealings with related parties reached KWD 170,676, with no relevant revenue recorded.
2) Comparative periods:
| Item
|
3 months till 30/09/2009
|
9 months till 30/09/2009
|
| Profit (KWD)
|
81,611
|
291,254
|
| EPS (fils)
|
0.4
|
1.6
|
| Total current assets
|
-
|
2,581,235
|
| Total assets
|
-
|
25,936,942
|
| Total current liabilities
|
-
|
181,747
|
| Total liabilities
|
-
|
511,989
|
| Total shareholders’ equity
|
-
|
25,424,953
|
Accordingly, the stock will resume trading as of today, Wednesday, 24/11/2010.
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