Osoul sustains KWD 583 thousand losses in FY ended 31/12/2010
Kuwait Stock Exchange (KSE) announces that Osoul Investment Co. obtained, on 27/03/2011, the approval of the Central Bank of Kuwait (CBK) on financial statements for the FY that ended on 31/12/2010, as follows:
1- Financial results:
| Item
|
FY ended 31/12/10
|
FY ended 31/12/09
|
| Profit (Loss) (KWD)
|
(583.261)
|
(3.877.674)
|
| EPS (LPS) (fils)
|
(1.68)
|
(11.15)
|
| Total current assets
|
8.094.013
|
9.307.705
|
| Total assets
|
24.618.622
|
27.325.252
|
| Total current liabilities
|
2.711.225
|
3.105.899
|
| Total liabilities
|
5.838.581
|
7.817.291
|
| Total shareholders’ equity
|
18.780.041
|
19.415.985
|
Total revenue and expenses of dealings with related parties reached KWD 11.850 and KWD 1.778.488 respectively.
The board will convene later on to ratify these statements.
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