Mubasher TV
Contact Us Advertising   العربية

Safat Real Estate logs KWD 1.4 mln losses in 9 months till 31/10/2011

EFFECT EFFECT`R 0.99% 20.50 0.20

Kuwait Stock Exchange (KSE) announces that the board of Al-Safat Real Estate approved, today, Sunday, 18/12/2011, interim financial statements for the fiscal period that ended on 31/10/2011, as follows:

1- Current periods:

Item

3 months till 31/10/11

9 months till 31/10/11

Profit (Loss) (KWD)

 (108.523)

(1.435.068)

EPS (LPS) (fils)

 (0.45)  

 (5.98)‏

Total current assets

-

19.893.430‏

Total assets

-

61.094.375‏

Total current liabilities

-

49.532.456‏

Total liabilities

-

49.711.177‏

Total shareholders’ equity

-

11.383.198‏


Total revenue and expenses of dealings with related parties reached KWD 1.019.601 and KWD 89.158 respectively.


2- Comparative periods:

Item

3 months till 31/10/10

9 months till 31/10/10

Profit (Loss) (KWD)

  (270.811)

   (745.249) ‏

EPS (LPS) (fils)

(1.13)

(3.11) ‏

Total current assets

-

22.250.753‏

Total assets

-

66.221.537‏

Total current liabilities

-

42.276.136‏

Total liabilities

-

42.385.250‏

Total shareholders’ equity

-

23.836.287‏


Accordingly, the stock will resume trading as of tomorrow, Monday, 19/12/2011.

Comments