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Boubyan International incurs KWD 888,000 losses in 3 months till 31/10/2011

WARBACAP WARBACAP 0.65% 156.00 1.00

Kuwait Stock Exchange (KSE) announces that the board of Boubyan International Industries Holding Company (BIIHC) endorsed yesterday, Wednesday, 14/12/2011, interim financial statements for the fiscal periods that ended on 31/10/2011 as follows:

1) Current periods:

Item

3 months ended 31/10/2011

3 months ended 31/10/2010

Profit (Loss) (KWD)

(888.346)

(888.710)

EPS (LPS) (fils)

(2.96)

(2.96)

Total current assets

11.633.263

17.179.039

Total assets

61.835.718

72.139.445

Total current liabilities

3.922.799

3.885.104

Total liabilities

14.672.138

20.827.393

Total shareholders’ equity

47.163.580

51.312.052


Revenue and expenses of dealings with related parties totaled KWD 17.378 and KWD 74.958.

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