Cleaning board recommends FY10 dividend freeze
Kuwait Stock Exchange (KSE) announces that the board of National Cleaning Co. (NCC) endorsed yesterday, Sunday, March 27th financial statements for the fiscal year that ended on 31/12/2010, as follows:
1- Current periods:
| Item |
FY ended 31/12/10 |
FY ended 31/12/09 |
| Profit (KWD) |
1.378.648 |
894.060 |
| EPS (fils) |
13.55 |
8.83 |
| Total current assets |
18.692.284 |
28.943.061 |
| Total assets |
45.996.163 |
59.870.129 |
| Total current liabilities |
14.347.355 |
35.659.646 |
| Total liabilities |
23.547.113 |
38.974.405 |
| Total shareholders’ equity |
21.707.356 |
20.070.156 |
No revenue or expenses of dealings with related parties were recorded.
2- Proposed dividend:
The board recommended withholding FY10 dividend. This proposal is subject to the approval of shareholder meeting and competent authorities.
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