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Process Plant makes KWD 1.3 mln in 9 months till 30/09/2011

KCPC KCPC -1.39% 284.00 -4.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Co. for Process Plant Construction & Contracting (KCPC), in a meeting held on Thursday, 10/11/2011, endorsed interim financial statements for the fiscal periods that ended on 30/09/2011 as follows:
1) Current periods:

Item

3 months ended 30/09/2011

9 months ended 30/09/2011

Profit (KWD)

500.350

1.357.644

EPS (fils)

8.19

22.23

Total current assets

-

21.643.306

Total assets

-

34.724.703

Total current liabilities

-

16.629.259

Total liabilities

-

18.939.788

Total shareholders’ equity

-

15.784.915


Total revenue and expenses of dealings with related parties reached KWD 11.124 and KWD 14.211 respectively.
2) Comparative periods:

Item

3 months ended 30/09/2010

9 months ended 30/09/2010

Profit (KWD)

1.091.604

1.176.883

EPS (fils)

17.88

19.27

Total current assets

-

21.616.494

Total assets

-

33.873.141

Total current liabilities

-

14.609.814

Total liabilities

-

19.584.440

Total shareholders’ equity

-

14.288.701


Accordingly, the stock will resume trading ten minutes after this announcement.

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