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Massaleh sustains KWD 60 thousand losses in 3 months till 31/03/2011

MASSALEH MASSALEH 10.00% 29.70 2.70

Kuwait Stock Exchange (KSE) announces that the board of Al Massaleh Real Estate (Massaleh), in a meeting held yesterday, Tuesday, May 10, 2011, endorsed the interim financial statements for the fiscal periods that ended on 31/3/2011 as follows:

Item

3 months ended 31/03/2011

3 months ended 31/03/2010

Profit (Loss) (KWD)

(60.798)

217.109

EPS (LPS) (fils)

(0.28)

1

Total current assets

13,617,465

12,424,607

Total assets

135,546,061

135,960,730

Total current liabilities

32,293,972

54,342,548

Total liabilities

78,915,208

81,341,141

Total shareholders’ equity

40,077,267

40,103,455

No revenue or expenses of dealings with related parties were recorded.

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