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Combined Group posts KWD 29 mln profit for 3 months till 31/03/2011

CGC CGC 0.00% 439.00 0.00

Kuwait Stock Exchange (KSE) announces that the board of Combined Group Contracting Co. (CGC) approved, today Monday, 09/05/2011, 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)
2.960.680
2.400.364
EPS (fils)
33.75
27.48‏
Total current assets
128.576.459
103.798.337
Total assets
144.485.309
119.018.305
Total current liabilities
81.472.549
55.002.544
Total liabilities
105.058.556
83.861.691
Total shareholders’ equity
39.426.753        
35.156.614


Total expenses of dealings with related parties reached KWD 146.852, with no relevant revenue recorded.

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