ACICO board recommends 5% cash dividend, 5% bonus shares for FY11
Kuwait Stock Exchange (KSE) announces that the board of ACICO Industries endorsed today, Thursday, 29/03/2012, financial statements for the fiscal year that ended on 31/12/2011, as follows:
1) Financial statements:
Item |
FY ended 31/12/2011 |
FY ended 31/12/2010 |
Profit (KWD) |
1.908.812 |
3.784.148 |
EPS (fils) |
8.09 |
16.03 |
Total current assets |
21.444.006 |
21.621.361 |
Total assets |
241.567.317 |
240.997.349 |
Total current liabilities |
35.424.747 |
34.857.563 |
Total liabilities |
159.630.962 |
158.801.362 |
Total shareholders' equity |
77.631.710 |
78.020.411 |
Revenue and expenses of dealings with related parties totaled KWD 56.365 and KWD 47.910 consecutively.
2-Proposed dividend:
The board recommended paying 5% cash dividend, or 5 fils per share, and distributing 5% bonus shares, or 5-for-100, for FY11, to shareholders of record on the general meeting date.
This dividend will be financed from FY11 profit and retained earnings.
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