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Advanced Technology logs KWD 2 mln profit in 6 months till 30/6/2011

ATC ATC 9.80% 437.00 39.00

Kuwait Stock Exchange (KSE) announces that the board of Advanced Technology Co. (ATC) approved, yesterday, Monday, August 15th, 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)

1,147,345

‏2,070,552

EPS (fils)

7,649

13,804

Total current assets

-

65,239,930 

Total assets

-

81,351,776 ‏

Total current liabilities

-

45,123,764‏

Total liabilities

-

48,548,149 ‏

Total shareholders’ equity

-

32,803,627 ‏


Revenue from dealings with related parties totaled KWD 1,377,398, with no relevant expenses recorded.

2- Comparative periods:
 

Item

3 months till 30/6/10

6 months till 30/6/10

Profit (KWD)

1,211,197

2,323,329 ‏

EPS (fils)

8,075                     

15,489 

Total current assets

-

65,057,157 

Total assets

-

81,975,155 ‏

Total current liabilities

-

49,277,129 

Total liabilities

-

53,525,670 ‏

Total shareholders’ equity

-

28,449,485 ‏

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