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Al-Aman generates KWD 70 thousand profit in 3 months till 31/03/2011

ALAMAN ALAMAN -5.47% 57.00 -3.30

Kuwait Stock Exchange (KSE) announces that the board of Al-Aman Investment Co., obtained yesterday, 25/05/2011 the approval of the Central Bank of Kuwait (CBK) on 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 (KWD)

70.561

1.509.180

EPS (fils)

0.14

3.10

Total current assets

14.364.520

15.616.340

Total assets

49.012.226

58.803.001

Total current liabilities

6.875.595

7.398.729

Total liabilities

26.541.927

26.736.612

Total shareholders’ equity

22.070.561

31.644.896


Revenue and expenses of dealings with related parties totaled KWD 2.123 and KWD 59.657 respectively.

Accordingly, the stock will resume trading ten minutes after this announcement.

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