Privatization Holding generates KWD 4.3 mln profit in 6 months till 30/6/2011
Kuwait Stock Exchange (KSE) announces that the board of Privatization Holding Co., in its meeting held today, Sunday, August 14, 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) |
1,818,345 |
4,348,765 |
| EPS (fils) |
2.5 |
5.9 |
| Total current assets |
- |
142,155,174 |
| Total assets |
- |
244,287,639 |
| Total current liabilities |
- |
113,369,768 |
| Total liabilities |
- |
113,705,814 |
| Total shareholders’ equity |
- |
130,581,825 |
Total revenue and expenses of dealings with related parties reached KWD 331.201 and KWD 32.266 respectively.
2 - Comparative periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/10 |
| Profit (Loss) (KWD) |
(302,148) |
705,518 |
| EPS (LPS) (fils) |
(0.4) |
1 |
| Total current assets |
- |
125,055,574 |
| Total assets |
- |
231,324,271 |
| Total current liabilities |
- |
122,387,109 |
| Total liabilities |
- |
122,631,281 |
| Total shareholders’ equity |
- |
108,692,990 |
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