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Gulf Investment suffers KWD 1.6 mln losses in 6 months till 30/6/2011

GIH GIH 1.60% 380.00 6.00

Kuwait Stock Exchange (KSE) announces that Gulf Investment House (GIH) obtained, on Thursday, August 11, 2011, the approval of the Central Bank of Kuwait (CBK) on 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)

(848.145)            

 (1.632.719)‏

EPS (LPS) (fils)

(2.01)

 (3.87)‏

Total current assets

-

14.295.256‏

Total assets

-

74.445.487‏

Total current liabilities

-

2.109.110‏

Total liabilities

-

51.740.924‏

Total shareholders’ equity

-

22.704.563‏


Revenue and expenses of dealings with related parties totaled KWD 27.457 and KWD 1.238.106 respectively.


2- Comparative periods:
 

Item

3 months till 30/6/10

6 months till 30/6/10

Profit (Loss) (KWD)

(703.171) 

(1.935.689)‏

EPS (LPS) (fils)

(1.67)

(4.59)‏

Total current assets

-

24.365.034‏

Total assets

-

98.774.707‏

Total current liabilities

-

21.654.205‏

Total liabilities

-

58.752.523‏

Total shareholders’ equity

-

40.021.884‏

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