Privatization board recommends FY10 dividend freeze
Kuwait Stock Exchange (KSE) announces that the board of Privatization Holding Co. endorsed, yesterday, Monday, 27/03/2011, financial statements for the FY that ended on 31/12/2010, as follows:
1- Current periods:
Item
|
FY ended 31/12/10
|
FY ended 31/12/09
|
Profit (KWD)
|
2.006.350
|
3.085.389
|
EPS (fils)
|
2.7
|
4.1
|
Total current assets
|
112.021.873
|
134.578.898
|
Total assets
|
233.591.556
|
233.885.952
|
Total current liabilities
|
112.960.738
|
120.723.695
|
Total liabilities
|
113.289.035
|
120.927.451
|
Total shareholders’ equity
|
120.302.521
|
112.958.501
|
Total revenue and expenses of dealings with related parties reached KWD 390.296 and KWD 151.939 respectively.
2- Proposed dividend:
The board recommended withholding FY10 dividend, pending the approval of shareholder meeting and competent authorities.
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