Mayadeen sustains KWD 5.5 mln loss in 3 months till 31/03/2011
Kuwait Stock Exchange (KSE) announces that the board of National Ranges Co. (Mayadeen), in its meeting held on Tuesday, 31/5/2011, ratified interim financial statements for the period that ended on 31/03/2011, as follows:
- Current periods:
Item
|
3 months till 31/03/2011
|
3 months till 31/03/2010
|
Profit (Loss) (KWD)
|
( 5,597,655 )
|
( 950,785 )
|
EPS (LPS) (fils)
|
( 5,954 )
|
( 1,011 )
|
Total current assets
|
67,064,227
|
80,500,849
|
Total assets
|
115,429,082
|
136,205,652
|
Total current liabilities
|
69,743,231
|
45,710,647
|
Total liabilities
|
69,834,980
|
68,092,281
|
Total shareholders’ equity
|
45,594,102
|
68,113,371
|
Neither revenue nor expenses of dealings with related parties were recorded. Accordingly, the stock will resume trading ten minutes after the announcement.
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