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Ahli Kuwait posts KWD 16 thousand profit for Q1-11

ABK ABK 1.67% 243.00 4.00

Kuwait Stock Exchange (KSE) announces that the board of Al Ahli Bank of Kuwait (ABK) obtained yesterday, Sunday, 17/04/2011, the approval of the Central Bank of Kuwait (CBK) on the interim financial statements for the period that ended on 31/03/2011, as follows:

Item

3 months till 31/03/2011

3 months till 31/03/2010

Profit (KWD)

16.296.000

15.283.000

EPS (fils)

11.4

12.6

Total current assets

2.079.310.000

2.285.264.000

Total assets

2.935.794.000

3.029.048.000

Total current liabilities

2.479.489.000

2.698.833.000

Total liabilities

2.479.649.000

2.698.833.000

Total shareholders’ equity

456.145.000

330.215.000


Total revenue and expenses of dealings with related parties reached KWD 7.000 and KWD 48.000 respectively.


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