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Al-Mal makes KWD 12 mln in FY10

ALMAL ALMAL -3.28% 5.90 -0.20

Kuwait Stock Exchange (KSE) announces that Al-Mal Investment Co. obtained, on 31/03/2011, 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)

( 12.363.566 )

12.016.616

EPS (LPS) (fils)

( 24.09 )

22.75

Total current assets

56.974.311

27.110.861

Total assets

199.639.400

197.079.502

Total current liabilities

59.882.948

86.682.352

Total liabilities

104.796.850

112.721.676

Total shareholders’ equity

77.714.004

65.739.477


Total revenue and expenses of dealings with related parties reached KWD 1.278.788 and KWD 3.095.265 respectively.

The board will convene later on to endorse these statements.


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