Remal makes KWD 5.2 mln in 9 months till 30/09/2011
Kuwait Stock Exchange (KSE) announces that the board of Kuwait Remal Real Estate Co., in a meeting held on Wednesday, 07/12/2011, endorsed 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)
|
1,720,608
|
5,206,727
|
| EPS (fils)
|
8.2
|
24.8
|
| Total current assets
|
-
|
64,265
|
| Total assets
|
-
|
71,399,288
|
| Total current liabilities
|
-
|
9,710,038
|
| Total liabilities
|
-
|
33,791,135
|
| Total shareholders’ equity
|
-
|
37,608,153
|
Total revenue and expenses of dealings with related parties reached KWD 6,450,000 and KWD 225,000 respectively.
2) Comparative periods:
| Item
|
3 months ended 30/09/2010
|
9 months ended 30/09/2010
|
| Profit (KWD)
|
54,973
|
9,496,136
|
| EPS (fils)
|
0.2
|
43.2
|
| Total current assets
|
-
|
4,380,478
|
| Total assets
|
-
|
70,030,462
|
| Total current liabilities
|
-
|
2,224,279
|
| Total liabilities
|
-
|
34,826,081
|
| Total shareholders’ equity
|
-
|
35,204,381
|
Accordingly, the stock will resume trading as of tomorrow, Tuesday, 13/12/2011.
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