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Nafais makes KWD 4.8 mln in 9 months till 30/09/2011

NAFAIS NAFAIS`R 0.00% 880.00 0.00

Kuwait Stock Exchange (KSE) announces that the board of Nafais Holding, in a meeting held today, Tuesday, 15/11/2011, 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)

(1,357,892)

4,860,816

EPS (LPS) (fils)

(2.44)

8.72

Total current assets

-

8,310,452

Total assets

-

79,376,652

Total current liabilities

-

27,399,164

Total liabilities

-

30,025,363

Total shareholders’ equity

-

49,258,500

Total revenue from dealings with related parties reached KWD 2,029,837, with no relevant expenses recorded.

2) Comparative periods:

Item

3 months ended 30/09/2010

9 months ended 30/09/2010

Profit (Loss) (KWD)

344,268

(7,523,396)

EPS (LPS) (fils)

0.56

(12.19)

Total current assets

-

51,755,807

Total assets

-

109,084,979

Total current liabilities

-

39,737,384

Total liabilities

-

56,296,534

Total shareholders’ equity

-

46,753,255

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