Livestock Transport board proposes FY10 dividend freeze
Kuwait Stock Exchange (KSE) announces that the board of Livestock Transport & Trading Co., in a meeting held on Thursday, 24/03/2011, endorsed the financial statements for the fiscal year that ended on 31/12/2010 as follows:
1) Current periods:
| Item
|
FY ended 31/12/2010
|
FY ended 31/12/2009
|
| Profit ( Loss ) (KWD)
|
(2.205.145)
|
6.662.619
|
| EPS ( LPS ) (fils)
|
(10.46)
|
31.48
|
| Total current assets
|
38.324.465
|
41.846.674
|
| Total assets
|
53.244.251
|
58.015.735
|
| Total current liabilities
|
4.339.403
|
3.732.239
|
| Total liabilities
|
5.980.289
|
5.252.582
|
| Total shareholders’ equity
|
47.263.953
|
52.763.153
|
Total revenue and expenses of dealings with related parties reached KWD 1.405.799 and KWD 712.137 respectively.
2) Proposed dividend:
The board recommended withholding dividend for FY10. The proposal is pending the approval of shareholder meeting and competent authorities.
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