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Soor makes KWD 1 mln in 3 months till 31/03/2011

SOOR SOOR 0.72% 140.00 1.00

Kuwait Stock Exchange (KSE) announces that the board of Soor Fuel Marketing Co, in a meeting held today, Thursday, 12/5/2011, endorsed the interim financial statements for the fiscal periods that ended on 31/3/2011 as follows:
Current periods:

Item

3 months ended 31/03/2011

3 months ended 31/03/2010

Profit (KWD)

1,007,588

1,313,078

EPS (fils)

3,36

4,38

Total current assets

21,983,580

27,864,265

Total assets

52,356,729

49,518,979

Total current liabilities

10,953,200

9,793,999

Total liabilities

12,291,700

9,917,482

Total shareholders’ equity

40,065,029

39,601,497


Expenses of dealings with related parties totaled KWD 18,291,260, with no related revenue recorded.

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