Aref Energy suffers KWD 624 THD loss in 6 months till 30/6/2011
Kuwait Stock Exchange (KSE) announces that the board of Aref Energy Holding, in its meeting held yesterday, 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 (Loss) (KWD) |
8.575 |
(624.450) |
| EPS (LPS) (fils) |
0 |
(1) |
| Total current assets |
- |
78.484.512 |
| Total assets |
- |
104.830.967 |
| Total current liabilities |
- |
21.383.272 |
| Total liabilities |
- |
24.520.907 |
| Total shareholders’ equity |
- |
72.278.159 |
Expenses of dealings with related parties totaled KWD 366.115, with no revenue recorded.
2- Comparative periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/10 |
| Profit (Loss) (KWD) |
(1.470.871) |
11.875.642 |
| EPS (LPS) (fils) |
(2) |
16 |
| Total current assets |
- |
92.154.625 |
| Total assets |
- |
125.439.690 |
| Total current liabilities |
- |
33.368.462 |
| Total liabilities |
- |
38.428.375 |
| Total shareholders’ equity |
- |
77.719.210 |
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