Americana records KD 6.26 mln profit in third quarter Markaz earns KD 1.671 million in Q3; EPS 6 fils

KUWAIT CITY, Nov 7: Kuwait Stock Exchange announced that the Kuwait Food Company (Americana) reported that the Board of Directors met on Nov 7, 2012 and approved the interim financial statements for the Q3 - 2012. Americana reported a profit of KD 6,267,000 for the three months ending Sept 30, 2012 as compared to a profit of KD 8,717,000 during the three months ending Sept 30, 2011.


Particulars

 (9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     31,310,000    38,074,000
Earnings per share (fils)     80    97
Total current assets     251,887,000    242,179,000
Total assets     602,512,000    581,546,000
Total current liabilities     204,358,000    197,975,000
Total liabilities     266,209,000    260,046,000
Total shareholders’ equity    297,082,000    282,725,000
The total revenue from transactions with related parties is worth KD 192,000.
Total expenses from transactions with related parties amounts to KD 131,000.
 
Kuwait Financial Centre (Markaz) has received approval from the Capital Markets Authority on the interim financial statements for the Q3 - 2012, dated Nov 7, 2012.
Markaz reported a profit of KD 1.671 million for the three months ending Sept 30, 2012 as compared to a loss of KD 1,712,000 incurred during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     2.813 million    (962,000)
Earnings per share (fils)     6    (2)
Total current assets     55,994,000    62,337,000
Total assets     126,001,000    123,579,000
Total current liabilities     9,865,000    36,147,000
Total liabilities     33,247,000    37,869,000
Total shareholders’ equity    88,873,000    84,710,000
The total revenue from transactions with related parties is worth KD 4,394,000.  Total expenses from transactions with related parties amounts to KD 532,000.
    
Board of Directors of Aayan Real Estate Company (AayanRE) met on Nov 7, 2012 and approved the interim financial statements for the Q3 of 2012.
The company reported a loss of KD 233,545 for the three months ending Sept 30, 2012 as compared to a profit of KD 1,234,835 earned during the same period ending 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     2,351,061    609,211
Earnings per share (fils)     6.0    1.6
Total current assets     67,762,612    73,218,319
Total assets     116,049,837    123,416,147
Total current liabilities     24,295,357    32,435,069
Total liabilities     41,904,690    51,352,257
Total shareholders’ equity     72,576,162    70,706,346
Total revenue from transactions with related parties amounts to KD 179,160.
    
Board of National Cleaning Company (NCC) approved the interim financial statements for the period ending Sept 30, 2012, dated Nov 7, 2012.
NCC earned a profit of KD 1,033,282 for the three months ending Sept 30, 2012 as compared to a profit of KD 399,554 earned during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     2,633,401    1,147,153
Earnings per share (fils)     12.35    5.35
Total current assets     32,675,528    22,407,699
Total assets     70,050,784    48,336,335
Total current liabilities     26,192,421    13,865,411
Total liabilities     34,530,766    25,208,124
Total shareholders’ equity     34,732,280    22,378,154
    
Kuwait Stock Exchange announced that the Citigroup Holding Company (Citigroup) reported that the Board of Directors met on Nov 7, 2012 and approved the interim financial statements for the Q3 - 2012.
Citigroup reported a profit of KD 964,467 for the three months ending Sept 30, 2012 as compared to a profit of KD 185,167 during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     2,616,097    846,124
Earnings per share (fils)     23.15    7.49
Total current assets     13,426,362    13,150,456
Total assets     33,150,643    39,129,655
Total current liabilities     4,295,180    5,414,135
Total liabilities     9,373,246    11,626,454
Total shareholders’ equity    23,777,397    27,503,201
The total revenue from transactions with related parties is worth KD 890,667.  Total expenses from transactions with related parties amounts to KD 77,266.
    
Board of Directors of Gulf Petroleum Investment Company (GPI) met on Nov 7, 2012 and approved the interim financial statements for the Q3 of 2012.
GPI reported a profit of KD 500,228 for the three months ending Sept 30, 2012 as compared to a profit of KD 30,277 earned during the same period ending 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     1,566,705    1,779,670
Earnings per share (fils)     6.82    7.75
Total current assets     8,230,951    8,023,195
Total assets     48,665,159    51,398,474
Total current liabilities     13,203,805    17,137,149
Total liabilities     23,170,427    27,649,036
Total shareholders’ equity     24,967,636    23,159,538
    
Kuwait Stock Exchange announced that the United Projects Group Company (UPAC) reported that the Board of Directors met on Nov 7, 2012 and approved the interim financial statements for the Q3 - 2012.
UPAC reported a profit of KD 1,254,764 for the three months ending Sept 30, 2012 as compared to a profit of KD 105,052 during the three months ending Sept 30, 2011.
 

Particulars
 (9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     4,706,995    332,104
Earnings per share (fils)     59.72    4.22
Total current assets     16,395,810    11,916,457
Total assets     44,603,427    39,745,412
Total current liabilities     7,839,190    6,116,567
Total liabilities     8,399,658    7,567,581
Total shareholders’ equity    33,509,582    29,418,388
The total revenue from transactions with related parties is worth KD 191,990.
Total expenses from transactions with related parties amounts to KD 1,738.
    
Al-Nawadi Holding Company (Al-Nawadi) received approval from the Board of Directors on the interim financial statements for the period ending Sept 30, 2012, dated Nov 7, 2012.
Al-Nawadi reported a profit of KD 580,145 for the three months ending Sept 30, 2012 as compared to a profit of KD 382,582 during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     1,642,138    1,154,382
Earnings per share (fils)     13.75    9.94
Total current assets     1,672,198    2,165,461
Total assets     25,694,727    20,888,498
Total current liabilities     7,644,023    4,925,235
Total liabilities     8,756,966    6,163,456
Total shareholders’ equity     16,937,761    14,725,042
Total expenses from transactions with related parties amounts to KD 130,189.
    
Board of Directors of Rai Media Group Company (Rai) met on Nov 7, 2012 and approved the interim financial statements for the Q3 of 2012.
The company reported a profit of KD 591,680 for the three months ending Sept 30, 2012 as compared to a profit of KD 387,630 earned during the same period ending 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     2,613,490    1,957,397
Earnings per share (fils)     11.3    8.5
Total current assets     5,466,099    7,447,625
Total assets     44,348,485    46,167,997
Total current liabilities     6,128,096    7,937,997
Total liabilities     15,898,324    19,626,845
Total shareholders’ equity     28,450,161    26,541,252
The total revenue from transactions with related parties is worth KD 816,474.
Total expenses from transactions with related parties amounts to KD 157,756.

Aref Energy Holding Company (Aref Energy) has received approval from the Board of Directors on the interim financial statements for the Q3 - 2012, dated Nov 7, 2012.
Aref Energy reported a loss of KD 446,470 for the three months ending Sept 30, 2012 as compared to a loss of KD 761,897 incurred during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     (9,463,930)    (1,386,347)
Earnings per share (fils)     (12.6)    (1.8)
Total current assets     39,582,355    77,106,445
Total assets     83,054,054    103,667,827
Total current liabilities     16,871,337    21,258,009
Total liabilities     17,215,253    24,210,043
Total shareholders’ equity    62,035,542    71,597,569
Total expenses from transactions with related parties amounts to KD 107,171.
    
Board of Ahlia Insurance Company (AINS) met on Nov 7, 2012 and approved the interim financial statements for the period ending Sept 30, 2012.
AINS earned a profit of KD 1,659,922 for the three months ending Sept 30, 2012 as compared to a profit of KD 1,415,992 earned during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     6,724,213    6,628,254
Earnings per share (fils)     36.27    35.79
Total current assets     62,825,999    58,305,954
Total assets     149,898,536    145,599,237
Total current liabilities     18,482,475    18,272,783
Total liabilities     66,322,656    65,597,988
Total shareholders’ equity     83,575,880    80,001,249
The total revenue from transactions with related parties is worth KD 4,275,247. Total expenses from transactions with related parties amounts to KD 733,194.
    
Kuwait Investment Company (KIC) received approval from the Capital Markets Authority on the interim financial statements for the Q3 - 2012, dated Nov 6, 2012.
KIC reported a profit of KD 17,881 for the three months ending Sept 30, 2012 as compared to a loss of KD 2,111,880 incurred during the three months ending Sept 30, 2011.
 

Particulars
 (9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     2,340,450    1,080,377
Earnings per share (fils)     4.262    1.967
Total current assets     123,694,775    99,730,076
Total assets     249,791,494    230,836,315
Total current liabilities     119,569,779    119,715,554
Total liabilities     123,253,930    122,884,462
Total shareholders’ equity    106,804,918    98,074,201
The total revenue from transactions with related parties is worth KD 2,371,982.
Total expenses from transactions with related parties amounts to KD 350,408.
    
Capital Markets Authority of approved the interim financial statements of First Investment Company (ALOLA) for the period ending Sept 30, 2012, dated Nov 6, 2012.
The company earned a profit of KD 58,317 for the three months ending Sept 30, 2012 as compared to a profit of KD 58,336 earned during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     1,994,345    (3,798,229)
Earnings per share (fils)     3.1    (5.8)
Total current assets     14,940,715    27,979,051
Total assets     145,648,211    215,116,711
Total current liabilities     5,042,755    71,547,584
Total liabilities     33,927,883    109,566,737
Total shareholders’ equity     92,199,892    82,893,058
The total revenue from transactions with related parties is worth KD 125,318.
Total expenses from transactions with related parties amounts to KD 1,057,664.
    
Gulf Investment House (GIH) received approval from the Capital Markets Authority on the interim financial statements for the period ending Sept 30, 2012, dated Nov 6, 2012.
GIH reported a profit of KD 1,150,090 for the three months ending Sept 30, 2012 as compared to a loss of KD 493,847 during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     1,321,916    (2,126,566)
Earnings per share (fils)     3.14    (5.04)
Total current assets     16,151,393    14,501,307
Total assets     65,534,900    73,648,463
Total current liabilities     1108689    1,534,511
Total liabilities     45,537,401    51,619,150
Total shareholders’ equity     19,997,499    22,029,313
Total expenses from transactions with related parties amounts to KD 1,792,286.
    
Kuwait Stock Exchange announced that the Aqar Real Estate Investments Company (Aqar) reported that the Board of Directors met on Nov 6, 2012 and approved the interim financial statements for the Q3 - 2012.
Aqar reported a profit of KD 110,963 for the three months ending Sept 30, 2012 as compared to a profit of KD 312,240 during the three months ending Sept 30, 2011.
 

Particulars
(9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     607,513    (311,647)
Earnings per share (fils)     2.64    (1.35)
Total current assets     6,242,602    3,938,459
Total assets     25,209,773    27,184,891
Total current liabilities     3,013,639    280,683
Total liabilities     3,022,118    3,096,577
Total shareholders’ equity    22,161,557    24,046,690
Total expenses from transactions with related parties amounts to KD 954.
    
 Board of Directors of Dar Al Thuraya Real Estate Company (Thuraya) met on Nov 6, 2012 and approved the interim financial statements for the Q3 of 2012.
GPI reported a profit of KD 111,463 for the three months ending Sept 30, 2012 as compared to a profit of KD 18,207 earned during the same period ending 2011.
Particulars (9 months ending)    Sept 30, 2012    Sept 30, 2011
Profit (Loss) (KD)     115,601    78,211
Earnings per share (fils)     0.789    0.534
Total current assets     1,225,067    2,024,222
Total assets     19,011,027    19,438,234
Total current liabilities     316,425    295,082
Total liabilities     1,220,116    1,657,993
Total shareholders’ equity     15,997,570    15,876,879
The total revenue from transactions with related parties is worth KD 2,814.




 

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