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Muntazahat makes KWD 916000 profit in 6 months till 30/06/12

MUNTAZAHAT MUNTAZAHAT -1.60% 80.00 -1.30

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Resorts Co. (Muntazahat) endorsed yesterday, Wednesday, August 1st interim financial statements for the periods that ended on 30/06/2012, as follows:

- Current periods:

Item

3 months ended 30/06/12

6 months ended 30/6/12

Profit  (KWD)

452.447

916.947

EPS (KWD fils)

2.57

5.21

Total current assets

-

25.225.686

Total assets

-

55.309.867

Total current liabilities

-

26.215.899

Total liabilities

-

39.175.924

Total shareholders’ equity

-

16.133.943


Total revenue and expenses of dealings with related parties reached KWD 251.327 and KWD 45.644 respectively.

- Comparative periods:

Item

3 months ended 30/06/11

6 months ended 30/6/11

Profit (KWD)

1.233.520

1.847.363

EPS (KWD fils)

6.83

10.23

Total current assets

-

23.592.906

Total assets

-

57.423.769

Total current liabilities

-

11.929.389

Total liabilities

-

40.772.763

Total shareholders’ equity

-

16.651.006

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