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NAPESCO posts KWD 1.6 mln profit for 6 months till 30/6/2011

NAPESCO NAPESCO 0.00% 800.00 0.00

Kuwait Stock Exchange (KSE) announces that the board of National Petroleum Services Co. (NAPESCO), in a meeting held on Tuesday, August 2nd , approved 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)
874,345
1,600,151
EPS (fils)
16,66
30,49
Total current assets
-
9,387,950
Total assets
-
17,389,142
Total current liabilities
-
3,596,232
Total liabilities
-
4,734,188
Total shareholders’ equity
-
12,654,954


Neither revenue nor expenses of dealings with related parties were recorded.


2- Comparative periods:


Item
3 months till 30/6/10
6 months till 30/6/010
Profit (Loss) (KWD)
410,004
703,100
EPS (LPS) (fils)
7,81
13,4
Total current assets
-
8,025,937
Total assets
-
16,317,685
Total current liabilities
-
2,508,431
Total liabilities
-
5,101,133
Total shareholders’ equity
-
11,216,552

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