International Finance suffers KWD 4.6 mln losses in 6 months till 30/06/2011
Kuwait Stock Exchange (KSE) announces that International Finance Company (IFC) obtained, on Thursday, 13/10/2011, the approval of the Capital Market Authority (CMA) on interim financial statements for the period that ended on 30/06/2011, as follows:
1- Current periods:
| Item |
3 months till 30/06/11 |
6 months till 30/06/11 |
| Profit (Loss) (KWD) |
(2.582.430) |
(4.609.831) |
| EPS (LPS) (fils) |
(3.32) |
(7.42) |
| Total current assets |
- |
83.094.408 |
| Total assets |
- |
160.522.592 |
| Total current liabilities |
- |
27.704.957 |
| Total liabilities |
- |
46.745.479 |
| Total shareholders’ equity |
- |
112.691.389 |
Neither revenue nor expenses were recorded from dealings with related parties.
2- Comparative periods:
| Item |
3 months till 30/06/10 |
6 months till 30/06/10 |
| Profit (Loss) (KWD) |
(2.706.823) |
(3.654.802) |
| EPS (LPS) (fils) |
(5.8) |
(7.86) |
| Total current assets |
- |
64.441.698 |
| Total assets |
- |
110.091.000 |
| Total current liabilities |
- |
32.053.619 |
| Total liabilities |
- |
34.667.947 |
| Total shareholders’ equity |
- |
75.423.053 |
Accordingly, the stock will resume trading ten minutes after this announcement.
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