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AMWAL sustains KWD 32 thousand losses in 3 months till 31/3/2011

Amwal AMWAL`R 9.20% 17.80 1.50

Kuwait Stock Exchange (KSE) announces that Amwal International Investment Co. (AMWAL), on 23/5/2011, obtained the approval of the Central Bank of Kuwait (CBK) on the financial statements for the periods that ended on 31/3/2011, as follows:

- Current periods:

 



 
 
Item
 
 
3 months till 31/03/2011
 
 
3 months till 31/03/2010
 
 
Profit  (Loss) (KWD)
  (32.280)
(143.458)
 
 
EPS (LPS) (fils)
(0.18)
 (0.8)
 
 
Total current assets
340.709
1.612.869
 
 
Total assets
19.569.679        
25.427.235
 
 
Total current liabilities
1.081.525                 
131.121
 
 
Total liabilities
1.143.946            
506.980
 
 
Total shareholders’ equity
18.425.631       
24.920.099




Expenses of dealings with related parties totaled KWD 32.237, with no revenue recorded. Accordingly, the stock will resume trading as of Wednesday, 25/5/2011

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