Palms Agro Production makes KWD 256 thousand in 6 months till 30/06/2011
Kuwait Stock Exchange (KSE) announces that the board of Palms Agro Production Co. (PAPCO)., in a meeting held yesterday, Sunday, 07/08/2011, 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)
|
189.179
|
256.169
|
| EPS (fils)
|
3.62
|
4.89
|
| Total current assets
|
-
|
7.744.684
|
| Total assets
|
-
|
10.406.843
|
| Total current liabilities
|
-
|
1.632.712
|
| Total liabilities
|
-
|
2.141.202
|
| Total shareholders’ equity
|
-
|
8.265.641
|
Total expenses of dealings with related parties reached KWD 22.313, with no relevant revenue recorded.
2) Comparative periods:
| Item
|
3 months ended 30/06/2010
|
6 months ended 30/06/2010
|
| Profit (KWD)
|
140.120
|
501.862
|
| EPS (fils)
|
2.68
|
9.59
|
| Total current assets
|
-
|
7.079.847
|
| Total assets
|
-
|
9.684.750
|
| Total current liabilities
|
-
|
1.049.544
|
| Total liabilities
|
-
|
1.495.837
|
| Total shareholders’ equity
|
-
|
8.188.913
|
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