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Mubarrad suffers KWD 547 THD loss in 3 months

MUBARRAD MUBARRAD 0.84% 83.70 0.70

Kuwait Stock Exchange (KSE) announces that the board of Mubarrad Transport Co., in a meeting held yesterday, Tuesday, 15/05/2012, 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 (Loss) (KWD)

(547,718)

(146,566)

EPS (LPS) (fils)

(2.53)

(0.67)

Total current assets

9,123,770

11,700,618

Total assets

31,983,069

34,122,781

Total current liabilities

3,386,048

5,029,060

Total liabilities

6,732,162

7,934,505

Total shareholders' equity

25,169,651

26,079,065

Total revenue and expenses of dealings with related parties reached KWD 133,824 and KWD 120,708 respectively.

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