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National Industries records KWD 4 mln profit in 9 months till 30/09/2011

NICBM NICBM 1.11% 182.00 2.00

Kuwait Stock Exchange (KSE) announces that the board of National Industries Co. (NIC) 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 (KWD)

930.280               

4.046.247‏

EPS (fils)

2.70                    

11.73

Total current assets

-

33.568.310‏

Total assets

-

111.866.937‏

Total current liabilities

-

22.857.865‏

Total liabilities

-

31.242.662‏

Total shareholders’ equity

-

78.624.275‏


Total revenue and expenses of dealings with related parties reached KWD 1.945 and KWD 849.949 respectively.


2- Comparative periods:

Item

3 months till 30/09/10

9 months till 30/09/10

Profit (KWD)

1.088.311

5.261.135‏

EPS (fils)

3.16

15.26‏

Total current assets

-

37.936.720‏

Total assets

-

120.803.750‏

Total current liabilities

-

23.780.142‏

Total liabilities

-

40.561.190‏

Total shareholders’ equity

-

78.242.560

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