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Kuwait Cement posts KWD 2.6 mln profit for 3 months till 31/03/2011

KCEM KCEM`R 53.85% 360.00 126.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Cement Co. (KCC) approved today, Wednesday, 04/05/2011, financial statements for the periods that ended on 31/03/2011, as follows:

Item

3 months till 31/03/2011

3 months till 31/03/2010

Profit  (KWD)

4.879.364

4.989.782

EPS (fils)

7.89

8.07

Total current assets

62.811.646

76.752.077

Total assets

249.074.990

265.880.949

Total current liabilities

40.427.862

59.467.926

Total liabilities

103.144.230

108.974.621

Total shareholders’ equity

145.930.760

156.906.328


Total revenue and expenses of dealings with related parties reached KWD 1.105.955 and KWD 201.900 respectively.

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