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Al-Taameer suffers KWD 290 thousand losses in 6 months till 30/6/2011

TAAMEER TAAMEER -0.73% 13.60 -0.10

Kuwait Stock Exchange (KSE) announces that the board of Al-Taameer ratified today, Thursday, 04/08/2011 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)

(177.628)

(290.224)

EPS (LPS) (fils)

(0.77)

(1.26)

Total current assets

-

6.761.505

Total assets

-

32.084.797

Total current liabilities

-

3.161.887

Total liabilities

-

6.335.373

Total shareholders’ equity

-

25.749.424


Expenses of dealings with related parties totaled KWD102.145, with no relevant revenue recorded.


2- Comparative periods:

Item

3 months till 30/6/10

6 months till 30/6/10

Profit (KWD)

1.063.523

749.386

EPS (fils)

4.60

3.24

Total current assets

-

9.475.562

Total assets

-

34.055.292

Total current liabilities

-

3.333.776

Total liabilities

-

7.381.220

Total shareholders’ equity

-

26.674.072

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