Kuwait Stock Exchange announced that the Board of Directors of the Educational Holding Group Company met on July 15, 2010, and adopted the Interim financial statements of the company for the periods ending May 31, 2010.

For the three months ending May 31, 2010 the company sustained a loss of KD 811 thousand with loss per share at 3.3 fils as compared to a loss of KD 747 thousand or 3.1 fils per share incurred during the same period last year.

Particulars (6 mnts ending)     May 31,2010    May 31,2009
Profit (Loss) (KD)    (4,262,461)    (13,285,869)
EPS  (LPS) (fils)    (17.5)    (54.4)
Total current assets    8,113,380    11,862,270
Total assets    62,919,527    70,393,913
Total current liabilities    8,149,741    18,135,343
Total liabilities    25,978,293    29,621,258
Total equity    31,332,584    39,083,755
The net profit includes total income from transactions worth KD 292,500.

Board of Directors of the Jeeran Holding Company (Jeeran) met on July 15, 2010, and adopted the Interim financial statements of the company for the periods ending May 31, 2010.
Particulars (3 months ending)    May 31,2010    May 31, 2009
Profit (Loss) (KD)    469,187    697,719
EPS  (LPS) (fils)    3.43    5.11
Total current assets    37,066,955    37,231,180
Total assets    48,991,586    47,911,423
Total current liabilities    23,656,063    21,010,739
Total liabilities    25,259,416    22,400,775
Total equity    25,453,094    23,672,120

© Arab Times 2010