Iskan posts KWD 61 THD profit for 6 months ended 30/6/2012
Kuwait Stock Exchange (KSE) announces that Housing Finance Co. (Iskan) obtained on Sept. 20th, the approval of Capital Markets Authority (CMA) on interim financial statements for H1-12 as follows:
1- Financial results:
| Item |
3 months till 30/6/12 |
6 months till 30/6/12 |
| Profit (KWD) |
27.623 |
61.714 |
| EPS (fils) |
0.09 |
0.21 |
| Total current assets |
|
26.643.687 |
| Total assets |
|
125.828.915 |
| Total current liabilities |
|
48.067.347 |
| Total liabilities |
|
112.755.319 |
| Total shareholders’ equity |
|
13.073.596 |
Total expense of dealings with related parties reached KWD 1.061.652, with no relevant revenue recorded.
2- Comparative figures:
| Item |
3 months till 30/6/11 |
6 months till 30/6/11 |
| Profit (Loss) (KWD) |
(2.978.986) |
(2.975.336) |
| EPS (LPS) (fils) |
(10.16) |
(10.15) |
| Total current assets |
|
39.118.033 |
| Total assets |
|
150.925.846 |
| Total current liabilities |
|
34.267.962 |
| Total liabilities |
|
134.857.393 |
| Total shareholders’ equity |
|
16.068.453 |
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