Wethaq sustains KWD 100 THD losses in 9 months till 30/09/2011
Kuwait Stock Exchange (KSE) announces that the board of Wethaq Takaful Insurance Co, in a meeting held on Monday, 14/11/2011, endorsed the interim financial statements for the fiscal periods that ended on 30/09/2011 as follows:
1) Current periods:
|
Item
|
3 months ended 30/09/2011
|
9 months ended 30/09/2011
|
|
Profit (Loss) (KWD)
|
(127.000)
|
(100.000)
|
|
EPS (LPS) (fils)
|
(1.16)
|
(0.91)
|
|
Total current assets
|
-
|
3.459.000
|
|
Total assets
|
-
|
13.612.000
|
|
Total current liabilities
|
-
|
1.694.000
|
|
Total liabilities
|
-
|
1.694.000
|
|
Total shareholders’ equity
|
-
|
11.037.000
|
Total expenses of dealings with related parties reached KWD 49.500, with no revenue recorded.
2) Comparative periods:
|
Item
|
3 months ended 30/09/2010
|
9 months ended 30/09/2010
|
|
Profit (Loss) (KWD)
|
184.000
|
(903.000)
|
|
EPS (LPS) (fils)
|
1.68
|
(8.22)
|
|
Total current assets
|
-
|
3.374.000
|
|
Total assets
|
-
|
13.537.000
|
|
Total current liabilities
|
-
|
1.630.000
|
|
Total liabilities
|
-
|
1.630.000
|
|
Total shareholders’ equity
|
-
|
11.167.000
|
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