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Kuwait Cement posts KWD 8.6 mln profit for 6 months till 30/6/2011

KCEM KCEM`R 54.27% 361.00 127.00

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Cement Co. (KCC) approved, today, Monday, 8/8/2011, 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 (KWD)

3.807.965

8.687.329‏

EPS (fils)

6.16

14.04

Total current assets

-

55.062.200‏

Total assets

-

240.348.593‏

Total current liabilities

-

45.441.896‏

Total liabilities

-

99.750.954‏

Total shareholders’ equity

-

140.597.639‏


Total revenue and expenses of dealings with related parties reached KWD 2.339.191 and KWD 403.800 respectively.

2- Comparative periods:

Item

3 months till 30/6/10

6 months till 30/6/10

Profit (KWD)

3.821.549 

8.811.331

EPS (fils)

6.18

14.24‏

Total current assets

-

65.989.529‏

Total assets

-

239.499.399‏

Total current liabilities

-

64.355.200‏

Total liabilities

-

104.986.783‏

Total shareholders’ equity

-

134.512.616‏

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