Kuwait China makes KWD 1 mln in 6 months till 30/6/2011
Kuwait Stock Exchange (KSE) announces that the board of Kuwait China Investment Co. (KCIC) obtained, yesterday, Monday, August 1st, the approval of the Central Bank of Kuwait (CBK) on the 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 (Loss) (KWD) |
(815.046) |
1.056.974 |
| EPS (LPS) (fils) |
(1.05) |
1.36 |
| Total current assets |
- |
8.145.967 |
| Total assets |
- |
90.425.829 |
| Total current liabilities |
- |
1.739.023 |
| Total liabilities |
- |
1.903.440 |
| Total shareholders’ equity |
- |
88.522.389 |
Neither revenue nor expenses were recorded from dealings with related parties.
2- Comparative periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/010 |
| Profit (Loss) (KWD) |
(2.119.204) |
(1.045.683) |
| EPS (LPS) (fils) |
(2.66) |
(1.31) |
| Total current assets |
- |
22.172.592 |
| Total assets |
- |
84.277.610 |
| Total current liabilities |
- |
1.467.018 |
| Total liabilities |
- |
1.562.549 |
| Total shareholders’ equity |
- |
82.715.061 |
Accordingly, the stock will resume trading 10 minutes after this announcement.
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