Amar reports KWD 1.5 mln profit for FY10
Kuwait Stock Exchange (KSE) announces that Amar Finance & Leasing Co. obtained, on 24/03/2011, 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)
|
1.529.046
|
(4.531.923)
|
EPS (LPS) (fils)
|
7.7
|
(22.7)
|
Total current assets
|
10.017.009
|
5.827.264
|
Total assets
|
33.764.015
|
33.560.611
|
Total current liabilities
|
8.639.104
|
11.501.219
|
Total liabilities
|
10.835.331
|
12.776.224
|
Total shareholders’ equity
|
22.928.684
|
20.784.387
|
Revenue from dealings with related parties reached KWD 99.304, with no relevant expenses recorded.
The board will ratify these statements tomorrow, Tuesday, 29/03/2011.
Accordingly, the stock will resume trading as of tomorrow.
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