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Mudon generates KWD 12 thousand profit in 3 months till 31/03/2011

ALMUDON ALMUDON 3.52% 20.60 0.70

Kuwait Stock Exchange (KSE) announces that the board of Al Mudon International Real Estate Co., in a meeting held on Thursday, 12/5/2011, endorsed 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 (KWD)

12.595

4.094

EPS (fils)

0.13

0.04

Total current assets

1.620.152

1.314.680

Total assets

21.726.051

22.099.438

Total current liabilities

4.318.294

3.822.392

Total liabilities

4.318.294

3.823.647

Total shareholders’ equity

17.407.757

18.275.791


Expenses of dealings with related parties totaled KWD 65.967, with no related revenue recorded.


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