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Mashaer makes KWD 822 THD profit in 3 months

MASHAER MASHAER -0.46% 64.70 -0.30

Kuwait Stock Exchange (KSE) announces that the board of Mashaer Holding Co., in a meeting held yesterday, Monday, 14/05/2012, endorsed interim financial statements for the fiscal period that ended on 31/3/2012, as follows:

1) Financial results:

Item

3 months ended 31/03/2012

3 months ended 31/03/2011

Profit (KWD)

822,000

1,347,740

EPS (fils)

5

8

Total current assets

23,205,020

26,818,794

Total assets

75,681,420

71,647,790

Total current liabilities

28,158,243

21,909,129

Total liabilities

32,580,774

28,467,632

Total shareholders' equity

43,100,646

43,180,158

Neither revenue nor expenses of dealings with related parties were recorded.

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