SOKOUK incurs KWD 2 mln losses in 6 months till 30/6/2011
Kuwait Stock Exchange (KSE) announces that the board of SOKOUK Holding Co., in its meeting held on 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 (Loss) (KWD) |
(707.830) |
(2.099.136) |
| EPS (LPS) (fils) |
(0.70) |
(2.09) |
| Total current assets |
- |
37.893.579 |
| Total assets |
- |
74.502.854 |
| Total current liabilities |
- |
8.487.441 |
| Total liabilities |
- |
11.330.660 |
| Total shareholders’ equity |
- |
62.018.195 |
Revenue and expenses of dealings with related parties totaled KWD 15.708 and KWD 1.037.748 respectively.
2- Comparative periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/10 |
| Profit (Loss) (KWD) |
(1.942.346) |
(2.530.438) |
| EPS (LPS) (fils) |
(1.94) |
(2.53) |
| Total current assets |
- |
45.852.138 |
| Total assets |
- |
102.616.895 |
| Total current liabilities |
- |
12.504.422 |
| Total liabilities |
- |
13.523.465 |
| Total shareholders’ equity |
- |
87.970.530 |
Accordingly, the stock will resume trading ten minutes after this announcement.
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