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Al Masaken sustains KWD 652 THD losses in 9 months till 30/09/2011

MASAKEN MASAKEN 1.01% 30.00 0.30

Kuwait Stock Exchange (KSE) announces that the board of Al Masaken International Real Estate Development ratified, today, Sunday, 13/11/2011, 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)

 (192.606)                  

(652.709

EPS (LPS) (fils)

 (0.96)

 (3.26) ‏

Total current assets

-

3.882.930‏

Total assets

-

27.565.710‏

Total current liabilities

-

3.946.895‏

Total liabilities

-

4.009.513‏

Total shareholders’ equity

-

23.430.187‏


Total revenue from dealings with related parties reached KWD 78.915, with no relevant revenue recorded.


2- Comparative periods:
 

Item

3 months till 30/09/10

9 months till 30/09/10

Profit (Loss) (KWD)

25.742

 (3.033)‏

EPS (LPS) (fils)

0.13

 (0.02)‏

Total current assets

-

3.605.881‏

Total assets

-

27.455.926‏

Total current liabilities

-

2.905.474‏

Total liabilities

-

 2.958.282

Total shareholders’ equity

-

24.366.125‏

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