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Cable TV suffers KWD 483 thousand losses for 3 months till 31/03/2011

CABLETV CABLETV 16.67% 14.00 2.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Cable Vision (Cable TV) approved today, Monday, 09/05/2011, the interim financial statements for the periods that ended on 31/03/2011, as follows:

Item

3 months till 31/03/2011

3 months till 31/03/2010

Profit (Loss) (KWD)

(483.580)

(107.121)

EPS (LPS) (fils)

(5.03)

(1.87)

Total current assets

4.133.289

2.861.295

Total assets

5.667.915

5.514.645

Total current liabilities

2.964.335

3.161.025

Total liabilities

3.054.825

3.216.693

Total shareholders’ equity

2.613.090

2.297.952


Total expenses of dealings with related parties reached KWD 15.000, with no relevant revenue recorded.

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