Safat Real Estate incurs KWD 519 thousand losses in 3 months till 30/4/2011
Kuwait Stock Exchange (KSE) announces that the board of Al Safat Real Estate Company approved today, Tuesday, June 14, 2011, the interim financial statements for the period that ended on 30/04/2011, as follows:
Current periods:
Item
|
3 months ended 30/04/2011
|
3 months ended 30/04/2010
|
Profit (Loss) (KWD)
|
(519.440)
|
208.312
|
EPS (LPS) (fils)
|
(2.16)
|
0.87
|
Total current assets
|
22.698.557
|
23.397.201
|
Total assets
|
56.682.939
|
67.755.350
|
Total current liabilities
|
44.265.199
|
42.384.426
|
Total liabilities
|
44.384.113
|
42.983.387
|
Total shareholders’ equity
|
12.298.826
|
24.771.963
|
Revenue and expenses of dealings with related parties totaled KWD 321.580 and KWD 28.244 respectively.
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