AMAR sustains KWD 582 THD loss in 6 months till 30/6/2011
Kuwait Stock Exchange (KSE) announces that Amar for Finance and Leasing Co. obtained, today, Monday, August 15th, 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) |
66.067 |
(582.245) |
| EPS (Loss) (fils) |
0.3 |
(3.0) |
| Total current assets |
- |
6.895.298 |
| Total assets |
- |
27.740.710 |
| Total current liabilities |
- |
4.850.502 |
| Total liabilities |
- |
7.182.121 |
| Total shareholders’ equity |
- |
20.557.589 |
Revenue from dealings with related parties totaled KWD 50.086, with no relevant expenses recorded.
2- Comparative periods:
| Item |
3 months till 30/6/10 |
6 months till 30/6/10 |
| Profit (Loss) (KWD) |
(104.432) |
1.095.366 |
| EPS (LPS) (fils) |
(0.5) |
5.5 |
| Total current assets |
- |
8.212.978 |
| Total assets |
- |
32.741.747 |
| Total current liabilities |
- |
8.593.332 |
| Total liabilities |
- |
10.857.038 |
| Total shareholders’ equity |
- |
21.884.709 |
Accordingly, the stock will resume trading as of tomorrow, Tuesday, 16/8/2011.
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