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Tahssilat incurs KWD 111 thousand losses in 6 months till 30/6/2011

TAHSSILAT TAHSSILAT`R 271.61% 178.00 130.10

Kuwait Stock Exchange (KSE) announces that the board of Credit Rating & Collection (Tahssilat) approved yesterday, Sunday, 7/8/2011, interim financial statements for the periods that ended on 30/6/2011, as follows:

1- Current periods:

Item

3 months till 30/6/11

6 months till 30/6/11

Profit (Loss) (KWD)

(204.585)

(111.657)‏

EPS (LPS) (fils)

(1.24)

(0.68)‏

Total current assets

-

19.585.115‏

Total assets

-

19.627.101‏

Total current liabilities

-

137.917‏

Total liabilities

-

298.193‏

Total shareholders’ equity

-

19.328.908‏


Total revenue from dealing with related parties reached KWD 99.162, with no relevant expenses recorded.

2- Comparative periods:

Item

3 months till 30/6/10

6 months till 30/6/10

Profit (Loss) (KWD)

(8.434)  

14.517

EPS (LPS) (fils)

(0.05)

0.088‏

Total current assets

-

17.635.033‏

Total assets

-

19.998.703‏

Total current liabilities

-

141.513‏

Total liabilities

-

286.001‏

Total shareholders’ equity

-

19.712.702‏

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