Zain posts KWD 140 mln profit for 6 months till 30/06/2011
Kuwait Stock Exchange (KSE) announces that the board of Mobile Telecommunications Co. (Zain), in a meeting held yesterday, Sunday, 31/07/2011, endorsed the interim financial statements for the fiscal periods that ended on 30/06/2011 as follows:
1) Current periods:
| Item
|
3 months ended 30/06/2011
|
6 months ended 30/06/2011
|
| Profit (KWD)
|
70,262,963
|
140,178,123
|
| EPS (fils)
|
18
|
36
|
| Total current assets
|
-
|
784,449,586
|
| Total assets
|
-
|
3,261,853,111
|
| Total current liabilities
|
-
|
738,384,953
|
| Total liabilities
|
-
|
1,245,257,408
|
| Total shareholders’ equity
|
-
|
2,016,595,703
|
Total revenue from dealings with related parties reached KWD 6,360,008, with no relevant expenses recorded.
2) Comparative periods:
| Item
|
3 months ended 30/06/2010
|
6 months ended 30/06/2010
|
| Profit (KWD)
|
843,782,534
|
895,324,795
|
| EPS (fils)
|
219
|
232
|
| Total current assets
|
-
|
1,178,629,823
|
| Total assets
|
-
|
3,802,889,230
|
| Total current liabilities
|
-
|
910,758,302
|
| Total liabilities
|
-
|
1,124,968,882
|
| Total shareholders’ equity
|
-
|
2,677,920,348
|
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