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Tameer sustains KWD 112 thousand losses in 3 months till 31/03/2011

TAAMEER TAAMEER -0.73% 13.60 -0.10

Kuwait Stock Exchange (KSE) announces that the board of Al Tameer Real Estate Investment Co. (Tameer), 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)

(112.596)

(314.137)

EPS (LPS) (fils)

(0.49)

(1.36)

Total current assets

7.624.507

3.762.314

Total assets

32.829.766

44.718.923

Total current liabilities

3.675.783

4.377.664

Total liabilities

6.947.117

18.814.710

Total shareholders’ equity

25.882.649

25.904.216

Total expenses of dealings with related parties reached KWD 47.642, with no relevant revenue recorded.

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