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Zain makes KWD 69.9 mln in 3 months till 31/03/2011

ZAIN ZAIN 1.03% 490.00 5.00

Kuwait Stock Exchange (KSE) announces that the board of Mobile Telecommunications Co. (Zain) approved, on Wednesday, 04/05/2011, financial statements for the periods that ended on 31/03/2011, as follows:

1- Financial results:

Item
3 months till 31/03/2011
3 months till 31/03/2010
Profit (KWD)
69,915,160
51,542,261
EPS (fils)
18
13
Total current assets
1,528,776,581
3,024,460,096
Total assets
3,976,751,584
5,692,038,099
Total current liabilities
808,186,769
1,781,388,275
Total liabilities
1,208,400,717
3,177,690,360
Total shareholders’ equity
2,695,350,867
2,514,347,739


Total revenue from dealings with related parties reached KWD 2,980,413, with no relevant expenses recorded.

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