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