Sultan Center logs KWD 5.6 mln losses in 9 months till 30/09/2011
Kuwait Stock Exchange (KSE) announces that Sultan Center Food Products Co. approved yesterday, Tuesday, 15/11/2011, 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 (Loss) (KWD)
|
(1,726,387)
|
(5,649,320)
|
| EPS (LPS) (fils)
|
(3,06)
|
(10)
|
| Total current assets
|
-
|
53,439,821
|
| Total assets
|
-
|
318,220,839
|
| Total current liabilities
|
-
|
190,876,315
|
| Total liabilities
|
-
|
250,833,044
|
| Total shareholders’ equity
|
-
|
67,387,795
|
Total expenses of dealings with related parties reached KWD 1,125,519, with no relevant revenue recorded.
2) Comparative periods:
| Item
|
3 months ended 30/09/2010
|
9 months ended 30/09/2010
|
| Profit (KWD)
|
59,273
|
3,426,425
|
| EPS (fils)
|
0,10
|
6,07
|
| Total current assets
|
-
|
62,584,794
|
| Total assets
|
-
|
354,347,226
|
| Total current liabilities
|
-
|
181,480,807
|
| Total liabilities
|
-
|
236,256,752
|
| Total shareholders’ equity
|
-
|
118,090,474
|
Comments