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Tamdeen generates KWD 3.8 mln profit in 9 months

TAM TAM -0.27% 376.00 -1.00

Kuwait Stock Exchange (KSE) announces that the board of Tamdeen Real Estate Co. endorsed today, Monday, 14/11/2011, interim financial statements for the fiscal 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)

774.998

3.868.568‏

EPS (LPS) (fils)

2.1

10.4

Total current assets

-

54.603.649

Total assets

-

281.993.737

Total current liabilities

-

77.343.005

Total liabilities

-

131.549.545

Total shareholders’ equity

-

101.345.034

Revenue and expenses of dealings with related parties reached KWD 1.763.579 and KWD 678.462 respectively.

2- Comparative periods:

Item

3 months till 30/09/10

9 months till 30/09/10

Profit (Loss) (KWD)

20.670

3.689.571

EPS (LPS) (fils)

0.1

9.9

Total current assets

-

96.889.499

Total assets

-

483.901.005

Total current liabilities

-

93.142.646

Total liabilities

-

245.787.549

Total shareholders’ equity

-

105.152.265

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