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Kuwait Foundry makes KWD 551 thousand in 3 months till 31/3/2011

KFOUC KFOUC 1.33% 533.00 7.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Foundry Co., in its meeting held yesterday, Wednesday, 27/4/2011, endorsed interim financial statements for the periods that ended on 31/3/2011, as follows:

Item

3 months till 31/03/11

3 months till 31/03/10

Profit (KWD)

551,953

1,048,991

EPS (KWD fils)

4.15

7.88

Total current assets

9,233,633

9,104,230

Total assets

54,664,086

56,603,837

Total current liabilities

2,980,048

835,385

Total liabilities

3,697,210

1,492,136

Total shareholders’ equity

50,966,876

55,111,701


Revenue and expenses of dealings with related parties totaled KWD 17.171 and KWD 1.052 respectively.

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