Gulf Investment House sustains KWD 2.1 mln losses in 9 months till 30/09/2011
Kuwait Stock Exchange (KSE) announces that Gulf Investment House (GIH) obtained on Tuesday, 16/11/2011, the approval of the Capital Market Authority (CMA) on its 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)
|
(493.847)
|
(2.126.566)
|
EPS (Loss) (fils)
|
(1.17)
|
(5.04)
|
Total current assets
|
14.501.307
|
|
Total assets
|
73.648.463
|
|
Total current liabilities
|
-
|
1.534.511
|
Total liabilities
|
-
|
51.619.150
|
Total shareholders’ equity
|
-
|
22.029.313
|
Total revenue and expenses of dealings with related parties reached KWD 122.457 and KWD 1.827.205 respectively.
2) Comparative periods:
Item
|
3 months ended 30/09/2010
|
9 months ended 30/09/2010
|
Profit (Loss) (KWD)
|
(3.111.604)
|
(5.047.293)
|
EPS (LPS) (fils)
|
(7.38)
|
(11.97)
|
Total current assets
|
14.038.785
|
|
Total assets
|
96.371.497
|
|
Total current liabilities
|
15.332.218
|
|
Total liabilities
|
59.461.217
|
|
Total shareholders’ equity
|
36.910.280
|
Accordingly, the stock will resume trading ten minutes after this announcement.
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