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ALAQARIA sustains KWD 1.2 mln losses in 6 months till 30/6/2011

ALAQARIA ALAQARIA -9.42% 29.80 -3.10

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Real Estate Holding Co. (ALAQARIA), 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 (Loss )  (KWD)
( 907.105 )
( 1.294.823 )
EPS (LPS) (fils)
( 2.94 )
( 4.2 )
Total current assets
-
9.221.133
Total assets
-
56.695.978
Total current liabilities
-
27.563.727
Total liabilities
-
32.356.188
Total shareholders’ equity
-
24.316.258


Revenue and expenses of dealings with related parties reached KWD 28.144 and KWD 1.051 respectively.


2- Comparative periods:

Item
3 months till 30/6/10
6 months till 30/6/10
Profit (KWD)
( 789.030 )
( 642.453 )
EPS (fils)
( 2.56 )
( 2.08 )
Total current assets
-
11.271.689
Total assets
-
64.049.321
Total current liabilities
-
31.365.950
Total liabilities
-
37.389.707
Total shareholders’ equity
-
26.625.769

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