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Gulf Investment House suffers KWD 784 thousand losses in 3 months till 31/03/2011

GIH GIH 0.00% 369.00 0.00

Kuwait Stock Exchange (KSE) announces that Gulf Investment House (GIH) obtained yesterday, Sunday, 15/05/2011, the approval of Central Bank of Kuwait (CBK) on the interim financial statements for the fiscal period that ended on 31/03/2011 as follows:
1) Current periods:

Item

3 months ended 31/03/2011

3 months ended 31/03/2010

Profit (Loss) (KWD)

(784.574)

(1.232.518)

EPS (LPS) (fils)

(1.86)

(2.92)

Total current assets

13.658.618

25.490.887

Total assets

76.175.650

100.560.960

Total current liabilities

5.897.195

59.528.063

Total liabilities

52.676.938

59.835.905

Total shareholders’ equity

23.498.712

40.725.055


Total revenue and expenses of dealings with related parties reached KWD 27.457 and KWD 679.538 respectively.

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