Argan logs KWD 4.3 mln profit in 6 months till 30/6/2011
Kuwait Stock Exchange (KSE) announces that the board of Al Argan International Real Estate Co., in its meeting held today, Thursday, August 11, 2011, ratified 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) |
3.999.499 |
4.360.322 |
| EPS (fils) |
15.60 |
17.01 |
| Total current assets |
- |
19.809.232 |
| Total assets |
- |
111.338.009 |
| Total current liabilities |
- |
22.987.870 |
| Total liabilities |
- |
46.019.006 |
| Total shareholders’ equity |
- |
65.319.003 |
Total revenue and expenses of dealings with related parties reached KWD 403.843 and KWD 325.463 respectively.
2- Comparative periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/10 |
| Profit (KWD) |
3.433.233 |
3.774.192 |
| EPS (fils) |
13.4 |
14.73 |
| Total current assets |
- |
21.338.529 |
| Total assets |
- |
105.342.539 |
| Total current liabilities |
- |
16.439.640 |
| Total liabilities |
- |
42.859.969 |
| Total shareholders’ equity |
- |
62.482.570 |
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