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Ajwan incurs KWD 213 THD losses in 9 months till 30/09/2011

AJWAN AJWAN 3.07% 16.80 0.50

Kuwait Stock Exchange (KSE) announces that the board of Ajwan Gulf Real Estate Co. approved, on Monday, 24/09/2011, interim financial statements for the periods that ended on 30/09/2011, as follows:

1- Current periods:

Item

3 months till 30/09/11

9 months till 30/09/11

Profit (Loss) (KWD)

(58.420) 

(213.039)‏

EPS (LPS) (fils)

(0.58)

(2.13)

Total current assets

-

2.719.053‏

Total assets

-

7.569.046‏

Total current liabilities

-

48.318‏

Total liabilities

-

57.125‏

Total shareholders’ equity

-

7.511.921‏



Neither revenue nor expenses of dealings with related parties were recorded.

2- Comparative periods:

Item

3 months till 30/09/10

9 months till 30/09/10

Profit (Loss) (KWD)

102.154                   

(122.614)‏

EPS (LPS) (fils)

1.02

(1.23)‏

Total current assets

-

7.051.702‏

Total assets

-

12.803.851‏

Total current liabilities

-

3.193.526‏

Total liabilities

-

3.231.121‏

Total shareholders’ equity

-

9.572.730‏


 

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