KUWAIT CITY: Board of Directors approved the financial statements of Aviation Lease and Finance Company (ALAFCO) on July 11, 2013 for the nine months period ending June 30, 2013.
For the three months ending June 30, 2013, ALAFCO earned a profit of KD 3,932,147 with earnings per share (EPS) of 5.04 fils compared to a profit of KD 3,982,382 or 5.11 fils per share for the same period ending 2012.
Particulars
(9 months ending) June 30, 2013 June 30, 2012
Profit (loss) (KD) 17,121,410 22,249,824
EPS (FILS) 21.96 28.53
Total current assets 75,749,729 37,706,960
Total assets 619,460,860 576,521,471
Total current liabilities 52,521,651 40,578,559
Total liabilities 440,452,165 417,243,019
Total shareholders' equity 179,008,695 159,278,452
Total expenses from transactions with related parties amounts to KD 1,125,870.
Kuwait Stock Exchange announced that the Board of Directors approved the financial statements of Eyas for Higher and Technical Eductaion (Eyas) on July 11, 2013 for the nine months period ending May 31, 2013.
For the three months ending May 31, 2013, Eyas earned a profit of KD 692,923 with earnings per share (EPS) of 6.30 fils compared to a profit of KD 680,043 or 6.18 fils per share for the same period ending 2012.
Particulars
(9 months ending) May 31, 2013 May 31, 2012
Profit (loss) (KD) 3,756,615 3,665,623
EPS (FILS) 34.15 33.32
Total current assets 6,941,166 10,868,212
Total assets 32,946,854 37,975,672
Total current liabilities 5,119,615 10,130,439
Total liabilities 9,802,788 15,399,884
Total shareholders' equity 23,144,066 22,575,788
Total expenses from transactions with related parties amounts to KD 64,433.
Kuwait Stock Exchange (KSE) announced that the Capital Markets Authority approved on July 9, 2013, the request of Al-Madina Finance Investment Company (Al-Madina) to buy back or sell 10% of its shares maximum over six months from the date of approval. The repurchase value shall not exceed available equity financing sources.
© Arab Times 2013
