REAM generates KWD 166000 profit in Q1
Kuwait Stock Exchange (KSE) announces that the board of Real Estate Asset Management Co. (REAM), in a meeting held today, Wednesday, 09/05/2012, endorsed interim financial statements for the fiscal period that ended on 31/03/2012, as follows:
1) Financial results:
Item |
3 months ended 31/03/2012 |
3 months ended 31/03/2011 |
Profit (KWD) |
166.462 |
252.322 |
EPS (fils) |
1.6 |
2.43 |
Total current assets |
4.799.245 |
4.421.674 |
Total assets |
17.844.804 |
18.038.665 |
Total current liabilities |
1.858.512 |
1.807.062 |
Total liabilities |
2.269.537 |
2.175.547 |
Total shareholders' equity |
15.491.175 |
15.783.976 |
Revenue and expenses of dealings with related parties totaled KWD 271.744 and KWD 160.329 respectively.
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