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Nafais makes KWD 6.2 mln in 6 months till 30/06/2011

NAFAIS NAFAIS`R 0.00% 880.00 0.00

Kuwait Stock Exchange (KSE) announces that the board of Nafais Holding Co., in its meeting held yesterday, Tuesday, 27/9/2011, approved interim financial statements for the periods that ended on 30/6/2011, as follows:
1) Current periods:

Item

3 months till 30/06/11

 

6 months till 30/06/11

Profit (KWD)

447,814

6,218,708

EPS (fils)

0,73

10,17

Total current assets

 

10,368,604

Total assets

 

81,142,012

Total current liabilities

 

27,304,509

Total liabilities

 

30,078,720

Total shareholders’ equity

 

50,872,999


Revenue from dealings with related parties totaled KWD 1,930,328, with no relevant expenses recorded.
2- Comparative periods:

Item

3 months till 30/06/10

 

6 months till 30/06/10

Profit (Loss) (KWD)

(5,091,522)

(7,867,664)

EPS (LPS) (fils)

(8,25)

(12,75)

Total current assets

 

50,820,020

Total assets

 

107,379,167

Total current liabilities

 

40,315,874

Total liabilities

 

56,776,577

Total shareholders’ equity

 

44,653,074

Accordingly, the stock will resume trading as of tomorrow, Thursday, 29/9/2011

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