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Kuwait Insurance makes KWD 2.5 mln in 6 months till 30/6/2011

KINS KINS -0.95% 520.00 -5.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Insurance (KIC ), in its meeting held on Sunday, 31/7/2011, ratified interim financial statements for the periods that ended on 30/6/2011, as follows:


1- Current periods:

Item
3 months till 30/6/11
6 months till 30/6/11
Profit (KWD)
238.161
2.501.518
EPS (fils)
1.26
13.14
Total current assets
-
39.390.376
Total assets
-
123.385.949
Total current liabilities
-
14.560.426
Total liabilities
-
74.679.136
Total shareholders’ equity
-
48.706.813


Total revenue and expenses of dealings with related parties reached KWD 908.738 and KWD 437.711 respectively.


2- Comparative periods:


Item
3 months till 30/6/10
6 months till 30/6/10
Profit (KWD)
389.171
2.889.832
EPS (fils)
2.02
15
Total current assets
-
42.686.407
Total assets
-
119.395.142
Total current liabilities
-
15.215.518
Total liabilities
--
73.373.783
Total shareholders’ equity
-
46.021.359

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