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MUNTAZAHAT makes KWD 1.8 mln in 6 months till 30/6/2011

MUNTAZAHAT MUNTAZAHAT -2.80% 76.30 -2.20

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Resorts Co. (MUNTAZAHAT), in its meeting held on Thursday, 11/8/2011, endorsed interim financial results for the period that ended on 30/06/2011, as follows:


1- Current periods:


Item
3 months till 30/6/11
6 months till 30/6/11
Profit (KWD)
1,233,520
1,847,363
EPS (fils)
6,84
10,23
Total current assets
-
23,592,906
Total assets
-
57,423,769
Total current liabilities
-
11,929,389
Total liabilities
-
40,772,763
Total shareholders’ equity
-
16,651,006

 

Expenses of dealings with related parties reached KWD 47.625, with no relevant revenue recorded.


2- Comparative periods:

Item
3 months till 30/6/10
6 months till 30/6/10
Profit (KWD)
256,896
265,650
EPS (fils)
1,41
1,46
Total current assets
-
25,138,889
Total assets
-
65,687,147
Total current liabilities
-
29,026,668
Total liabilities
-
46,481,125
Total shareholders’ equity
-
19,206,022



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