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Ajial posts KWD 247 THD profit for 6 months till 30/06/2012

AREEC AREEC -0.40% 249.00 -1.00

Kuwait Stock Exchange (KSE) announces that the board of Ajial Real Estate & Entertainment, in a meeting held on Thursday, 26/07/2012, endorsed interim financial statements for the fiscal periods that ended on 30/06/2012, as follows:

1) Current periods:

Item

3 months ended 30/06/2012

6 months ended 30/06/2012

Profit (KWD)

156.200

247.247

EPS (fils)

0.89

1.41‏

Total current assets

-

20.593.157

Total assets

-

340.955.986‏

Total current liabilities

-

29.577.428‏

Total liabilities

-

132.238.926

Total shareholders' equity

-

114.837.383‏

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

2) Comparative periods:

Item

3 months ended 30/06/2011

6 months ended 30/06/2011

Profit (Loss) (KWD)

(210.896)

(973.752)‏

EPS (LPS) (fils)

(1.2)

(5.55)

Total current assets

-

23.205.763

Total assets

-

318.417.710

Total current liabilities

-

34.648.573

Total liabilities

-

129.646.891‏

Total shareholders' equity

-

121.332.291‏

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