Al-Deera board recommends FY10 dividend freeze
Kuwait Stock Exchange (KSE) announces that the board of Al-Deera Holding, in its meeting held on Thursday, 31/3/2011, endorsed 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 (Loss) (KWD) |
(12.975.981) |
(11.965.841) |
EPS (LPS) (fils) |
(17.66) |
(17.76) |
Total current assets |
20.376.314 |
23.069.556 |
Total assets |
154.488.244 |
177.540.759 |
Total current liabilities |
38.349.479 |
47.034.274 |
Total liabilities |
62.263.985 |
68.620.290 |
Total shareholders’ equity |
90.652.923 |
108.140.559 |
Total revenue and expenses of dealings with related parties reached KWD 344.231 and KWD 431.394 successively.
Proposed dividend:
The board recommended withholding dividend for the FY that ended on 31/12/2010. This proposal is subject to the approval of shareholder meeting and competent authorities.
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