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OSOUL incurs KWD 239 thousand losses in 3 months till 31/03/2011

OSOUL OSOUL -3.06% 95.00 -3.00

Kuwait Stock Exchange (KSE) announces that Osoul Investment Co. (OSOUL) obtained yesterday, Tuesday, 10/05/2011, the approval of Central Bank of Kuwait (CBK) on the interim financial statements for the fiscal periods that ended on 31/3/2011 as follows:
1- Current periods:

Item

3 months ended 31/03/2011

3 months ended 31/03/2010

Profit (Loss) (KWD)

(239.090)

(251.216)

EPS (LPS) (fils)

(0.69)

(0.72)

Total current assets

4.264.415

7.358.549

Total assets

23.217.483

26.537.953

Total current liabilities

1.975.068

3.310.455

Total liabilities

4.724.904

7.304.580

Total shareholders’ equity

18.492.579

19.146.435


Total expenses of dealings with related parties reached KWD 203.202 with no related revenue recorded.

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