Wethaq incurs KWD 101 thousand losses in 3 months till 31/03/2011
Kuwait Stock Exchange (KSE) announces that the board of Wethaq Takaful Insurance Co., in a meeting held yesterday, Sunday 15/05/2011, endorsed the interim financial statements for the fiscal period 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 (Loss) (KWD) |
(101.635) |
(787.633) |
EPS (LPS) (fils) |
(0.93) |
(7.17) |
Total current assets |
3.317.606 |
3.387.504 |
Total assets |
13.238.151 |
13.552.377 |
Total current liabilities |
514.631 |
474.511 |
Total liabilities |
1.452.431 |
1.456.691 |
Total shareholders’ equity |
10.978.838 |
11.379.046 |
Expenses of dealings with related parties totaled KWD 16.500, with no related revenue recorded.
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