Gulf Investment House sustains KWD 5 mln losses in 9 months till 30/09/2010
Kuwait Stock Exchange (KSE) announces that Gulf Investment House (GIH) has obtained on Wednesday, 29/12/2010 the approval of the Central Bank of Kuwait (CBK) on interim financial statements for the period 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)
|
(3,111,604)
|
(5,047,293)
|
| EPS (LPS) (fils)
|
(7.38)
|
(11.97)
|
| Total current assets
|
-
|
14,038,785
|
| Total assets
|
-
|
96,371,497
|
| Total current liabilities
|
-
|
15,332,218
|
| Total liabilities
|
-
|
59,461,217
|
| Total shareholders’ equity
|
-
|
36,910,280
|
Total expenses of dealings with related parties reached KWD 1,757,317, with no related revenue recorded.
2) Comparative periods:
| Item
|
3 months till 30/09/09
|
9 months till 30/09/09
|
| Profit (Loss) (KWD)
|
(3,045,658)
|
(6,802,497)
|
| EPS (LPS) (fils)
|
(7.22)
|
(16.13)
|
| Total current assets
|
-
|
29,893,790
|
| Total assets
|
-
|
118,674,932
|
| Total current liabilities
|
-
|
61,839,728
|
| Total liabilities
|
-
|
61,839,728
|
| Total shareholders’ equity
|
-
|
56,835,204
|
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