International Finance suffers KWD 6.7 mln losses in FY10
Kuwait Stock Exchange (KSE) announces that International Finance Co. (IFC) 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) |
(6.771.893) |
121.446 |
EPS (LPS) (fils) |
(14.6) |
0.26 |
Total current assets |
58.679.897 |
76.062.039 |
Total assets |
101.322.717 |
133.891.034 |
Total current liabilities |
20.362.898 |
36.816.817 |
Total liabilities |
23.441.836 |
51.096.079 |
Total shareholders’ equity |
77.880.81 |
82.794.955 |
No revenue or expenses of dealings with related parties were recorded.
The board will convene later on to ratify these statements.
Accordingly, the stock will resume trading ten minutes after this announcement.
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