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Salbookh suffers KWD 751 thousand loss in 3 months till 31/03/2011

SALBOOKH SALBOOKH -2.41% 8.10 -0.20

Kuwait Stock Exchange (KSE) announces that the board of Salbookh Trading Co., in a meeting held today, Tuesday, May 24, 2011, endorsed the interim financial statements for the fiscal period that ended on 31/03/2011 as follows:

Item

3 months ended 31/03/2011

3 months ended 31/03/2010

Profit (Loss) (KWD)

(751,719)

(520,238)

EPS (LPS) (fils)

(3.8)

(2.6)

Total current assets

8,885,445

10,630,528

Total assets

19,803,591

32,524,748

Total current liabilities

3,834,748

5,203,829

Total liabilities

5,806,821

5,873,004

Total shareholders’ equity

13,996,770

26,651,744

Total revenue and expenses of dealings with related parties reached KWD 80,986 and KWD 158,628 respectively.

Accordingly, the stock will resume trading tomorrow, Wednesday, May 25, 2011.

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