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Kuwait Insurance posts KWD 2.6 mln profit for 3 months till 31/03/2011

KINS KINS -0.95% 520.00 -5.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Insurance Co. (KIC) approved, on Wednesday, May 4, 2011, financial statements for the periods that ended on 31/03/2011, as follows:

1- Current periods:

Item
3 months till 31/03/2011
3 months till 31/03/2010
Profit (KWD)
2.263.357            
2.500.661
EPS (fils)
11.83
12.97‏
Total current assets
40.182.622
46.549.287‏
Total assets
123.426.399
128.202.258‏
Total current liabilities
14.823.378         
19.434.308‏
Total liabilities
74.736.680
79.929.498‏
Total shareholders’ equity
48.689.719
48.272.760‏

Total revenue and expenses of dealings with related parties reached KWD 589.563 and KWD 206.548 respectively.


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