Combined Group posts KWD 6.6 mln profit for 9 months till 30/09/2011
Kuwait Stock Exchange (KSE) announces that the board of Combined Group Contracting Co. (CGC), in a meeting held today, Tuesday, 15/11/2011, endorsed the 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)
|
2,287,675
|
6,627,889
|
EPS (fils)
|
23,7
|
68,66
|
Total current assets
|
-
|
124,762,832
|
Total assets
|
-
|
142,236,870
|
Total current liabilities
|
-
|
81,991,477
|
Total liabilities
|
-
|
105,320,777
|
Total shareholders’ equity
|
-
|
36,916,093
|
Total expenses of dealings with related parties reached KWD 518,128, with no relevant revenue recorded.
2) Comparative periods:
Item
|
3 months ended 30/09/2010
|
9 months ended 30/09/2010
|
Profit (KWD)
|
2,872,960
|
7,407,690
|
EPS (fils)
|
29,79
|
76,88
|
Total current assets
|
-
|
120,604,189
|
Total assets
|
-
|
135,360,693
|
Total current liabilities
|
-
|
70,040,309
|
Total liabilities
|
-
|
98,987,163
|
Total shareholders’ equity
|
-
|
36,375,530
|
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