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Al Enma’a generates 974 thousand profit in 6 months till 30/04/2011

ERESCO ERESCO -1.50% 59.00 -0.90

Kuwait Stock Exchange (KSE) announces that the board of Al Enma’a Real Estate Co. (ERESCO) endorsed yesterday, Sunday, 12/06/2011, its interim financial statements for the periods that ended on 30/04/2011, as follows:

1- Current periods:

Item

3 months till 30/04/2011

6 months till 30/04/2011

Profit (KWD)

529.281

974.081

EPS (fils)

1.17

2.16

Total current assets

-

20.973.490

Total assets

-

81.287.137

Total current liabilities

-

23.330.011

Total liabilities

-

27.421.981

Total shareholders’ equity

-

53.865.156


Total revenue and expenses of dealings with related parties reached KWD 1.575.549 and KWD 1.532.128 respectively.


2) Comparative periods:
 

Item

3 months till 30/04/2010

6 months till 30/04/2010

Profit (KWD)

394.486

496.625

EPS (fils)

0.88

1.1

Total current assets

-

18.667.840

Total assets

-

73.692.116

Total current liabilities

-

18.462.474

Total liabilities

-

20.755.768

Total shareholders’ equity

-

52.936.348

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