KGL Logistics Earns KD 3.2m

KUWAIT CITY, May 15

National Industries Group Company (NIG) reported that the Board of Directors met on May 15, 2013 and approved the interim financial statements for the Q1 ending March 31, 2013.  
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      4.732 million     9.421 million 
EPS (fils)     4     7 
Total current assets     277,475,000     375,581,000 
Total assets     1,373,135,000     1,538,475,000 
Total current liabilities     341,979,000     560,358,000 
Total liabilities     834,933,000     971,546,000 
Total shareholders' equity     538,202,000     566,929,000 
The total revenue from transactions with related parties is worth KD 19,000
Total expenses from transactions with related parties amounts to KD 1,164 million

KGL Logistics (Logistics) reported that the Board of Directors met on May 15, 2013 and approved the interim financial statements for the Q1 ending March 31, 2013.  
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)     3,203,474     2,869,500 
EPS (fils)     9.68     8.67 
Total current assets     15,655,703     12,077,108 
Total assets     68,584,037     68,517,897 
Total current liabilities     5,630,060     9,266,042 
Total liabilities     7,670,116     13,048,961 
Total shareholders' equity     60,439,879     55,149,690 
The total revenue from transactions with related parties is worth KD 151,733 
Total expenses from transactions with related parties amounts to KD 495,148

Kuwait Stock Exchange announced that the Board of Directors approved the financial statements First Takaful Insurance (FTI) for the first quarter ending March 31, 2013, dated May 13, 2013.
Particulars    March 31, 2013    March 31, 2012
Profit (Loss) (KD)     56,743     75,083 
EPS (fils)     0.57     0.75 
Total current assets     140,674     1,609,505 
Total assets     11,824,908     13,965,206 
Total current liabilities     98,406     75,828 
Total liabilities     2,330,169     5,422,751 
Total shareholders' equity     9,494,739     8,542,455 
The total revenue from transactions with related parties is worth KD 642.

Al-Deera Company (Al-Deera) reported that the Board of Directors met on May 15, 2013 and adopted the interim financial statements for the first quarter ending March 31, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)     3,290,361     (2,000,904) 
EPS (fils)     4.42     (2.69) 
Total current assets     12,875,932     13,950,200 
Total assets     99,133,637     122,207,325 
Total current liabilities     54,312,798     46,693,425 
Total liabilities     63,782,910     61,452,957 
Total shareholders' equity     32,577,311     58,207,818 
The total revenue from transactions with related parties is worth KD 25,646
Total expenses from transactions with related parties amounts to KD 122,175

Kuwait Stock Exchange (KSE) announced that the board of the Taiba Kuwaiti Holding Co. (Taiba) met on May 15, 2013 and adopted the interim financial statements for the for the first quarter ending March 31, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)     (163,454)     1,874,587 
EPS (fils)     (0.91)     10.41 
Total current assets     5,941,569     7,879,858 
Total assets     22,010,080     20,830,362 
Total current liabilities     218,995     1,147,638 
Total current liabilities     237,287     1,147,638 
Total shareholders' equity     21,772,793     19,682,724 
The total revenue from transactions with related parties is worth KD 287,697 
Total expenses from transactions with related parties amounts to KD 9,751

Mashaer Holding Company (Mashaer) reported that the Board of Directors met on May 15, 2013 and approved the interim financial statements for the Q1 ending March 31, 2013.  
Particulars    March 31, 2013    March 31, 2012
Profit (Loss) (KD)     1,123,233     822,000 
EPS (fils)     6     5 
Total current assets     19,947,395     23,205,020 
Total assets     72,528,296     75,681,420
Total current liabilities     25,960,301     28,158,243 
Total liabilities     27,459,051     32,580,774 
Total shareholders' equity     45,069,245     43,100,646

Investors Holding Group Company (Investors) reported that the Board of Directors met on May 13, 2013 and adopted the financial statements for the first quarter ending March 31, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)     95,119     (28,304) 
EPS (fils)     0.09     (0.026) 
Total current assets     624,693     370,712 
Total assets     57,361,681     60,061,147 
Total current liabilities     2,469,365     2,300,068 
Total liabilities     24,959,523     26,827,726 
Total shareholders' equity     31,091,879     32,014,728 

Kuwait Stock Exchange announced that the Board of Directors approved the financial statements of Gulf Franchising Holding Company on May 15, 2013 for the first quarter ending March 31, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)     (36,282)     196,702 
EPS (fils)     (1.12)     6.06 
Total current assets     2,999,050     2,913,597 
Total assets     5,287,514     5,518,337 
Total current liabilities     1,723,265     1,501,111 
Total liabilities     2,293,461     2,071,841 
Total shareholders' equity     2,994,053     3,446,496 
Total expenses from transactions with related parties amounts to KD 33,740

Kuwait Stock Exchange announced that the Board of Directors approved the financial statements Arab Real Estate Company (AREC) for the first quarter ending March 31, 2013, dated May 15, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)     605,592     (659,621) 
EPS (fils)     1.2     (1.31) 
Total current assets     12,271,247     14,315,818 
Total assets     170,135,807     167,513,486 
Total current liabilities     84,683,441     40,234,103 
Total liabilities     100,923,262     100,524,231 
Total shareholders' equity     69,212,545     66,989,255 
The total revenue from transactions with related parties is worth KD (527,013) 
Total expenses from transactions with related parties amounts to KD (47,762)

Kuwait Stock Exchange announced that the Board of Directors approved the financial statements Arabi Holding Group Company for the first quarter ending March 31, 2013, dated May 15, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)     227,754     387,736 
EPS (fils)     1.73     2.94 
Total current assets     58,720,498     52,765,645 
Total assets     73,465,924     67,239,185 
Total current liabilities     42,187,078     40,883,002 
Total liabilities     51,570,555     45,345,888 
Total shareholders' equity     21,393,560     21,537,148 
Total expenses from transactions with related parties amounts to KD 93,282.

Kuwait Reinsurance Company reported that the Board of Directors met on May 15, 2013 and approved the interim financial statements for the first quarter ending March 31, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      801,997     611,409 
EPS (fils)     5     4 
Total current assets     76,916,024     62,559,776 
Total assets     110,710,359     99825,524 
Total current liabilities     36,012,899     33,427,425 
Total liabilities     70,449,507     62,480,075 
Total shareholders' equity    40,260,852     37345,449 
The total revenue from transactions with related parties is worth KD 72,477
Total expenses from transactions with related parties amounts to KD 108,364

Kuwait Stock Exchange (KSE) announced that the board of the Munshaat Real Estate Projects Company (Munshaat) met on May 15, 2013, and adopted the interim financial statements for the first quarter ending March 31, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      1,685,087     910,997 
EPS (fils)     5     3 
Total current assets     49,089,250    33,238,795 
Total assets     220,204,189     201,715,746 
Total current liabilities     169,548,384     159,978,905 
Total liabilities     176,690,985     175,432,131 
Total shareholders' equity     39,99,304     26,657,423 
The total revenue from transactions with related parties is worth KD 610,156

Qurain Holding Company (Qurain) reported that the Board of Directors met on May 15, 2013 and approved the interim financial statements for the first quarter ending March 31, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      (411,166)     (13,177) 
EPS (fils)     (1.39)     (0.04) 
Total current assets     2,986,918     3,757,642 
Total assets     14,326,502     24,222,366 
Total current liabilities     4,118,685     4,348,186 
Total liabilities     4,449,211     4,684,737 
Total shareholders' equity     9,877,291     19,537,629

Board of Directors approved the financial statements of Heavy Engineering Industries and Shipbuilding (HEISCO) for the first quarter ending March 31, 2013, dated May 15, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      114,488     749,975 
EPS (fils)     0.70     4.59 
Total current assets     7,1037,359     62,678,314 
Total assets     108,425,294     99,900,866 
Total current liabilities     67,559,338     60,858018 
Total liabilities     76,148,478     67,182,702 
Total shareholders' equity     32,276,816     32,718,164 
Total expenses from transactions with related parties amounts to KD 89,461 

Kuwait Real Estate Holding Company (KREH) received approval from the Board of Directors for the interim financial statements for the first quarter ending March 31, 2013, dated May 15, 2013.  
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      25,166     (657,707) 
EPS (fils)     0.13     (2.13) 
Total current assets     7,256,657     6,089,966 
Total assets     54,365,219     46,039,051 
Total current liabilities     25,675,954     20,690,160
Total liabilities     35,801,264     31,458,282 
Total shareholders' equity     16,460,457     14,560,004 
The total revenue from transactions with related parties is worth KD 8,720
Total expenses from transactions with related parties amounts to KD 33,830

National Industries Company (NIC) reported that the Board of Directors met on May 15, 2013 and adopted the interim financial statements three month period ending March 31, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      407,961     1,415,338 
EPS (fils)     1.18     4.10 
Total current assets     37,688,201    33,973,615 
Total assets     109,836,220     111,573,464 
Total current liabilities     19,205,577     14,885,146 
Total liabilities     25,383,410     26,932,972 
Total shareholders' equity     84,452,810     84,640,492 
The total revenue from transactions with related parties is worth KD 727
Total expenses from transactions with related parties amounts to KD 209,290

Kuwait Stock Exchange (KSE) announced that the board of the Livestock Transport and Trading Company  met on May 15, 2013 and adopted the interim financial statements for the for the first quarter ending March 31, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      2,334,104     1,395,280 
EPS (fils)     11.16     6.66 
Total current assets     35,507,734     36487961 
Total assets     43615,912     48,092,000 
Total current liabilities     3,744,838     3,177,597 
Total liabilities    5,607,372     5,065,025 
Total shareholders' equity     38,008,540     43,026,975 
Total expenses from transactions with related parties amounts to KD 22,821

Wethaq Insurance Company (Wethaq) reported that the Board of Directors met on May 15, 2013 and approved the interim financial statements for the Q1 ending March 31, 2013.  
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      127,703     192,197 
EPS (fils)     1.06     1.28 
Total current assets     3,998,778     4,100,450 
Total assets     12,779,939     14,101,323 
Total current liabilities     468,375     671,041 
Total current liabilities     898,892     1,743,833 
Total shareholders' equity     10,768,194     11,437,192 
Total expenses from transactions with related parties amounts to KD 9,500
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Kuwait Stock Exchange (KSE) announced that the board of the Privatization Holding Company (PHC) met on May 15, 2013 and adopted the interim financial statements for the for the first quarter ending March 31, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      (292,413)     112,986 
EPS (fils)     (0.4)     0.2 
Total current assets     65,397,146     124,133,385 
Total assets     181,393, 512     233,329,542 
Total current liabilities     58,779,104     125,572,666 
Total liabilities     74,248,689     126,032,063 
Total shareholders' equity     106,432,449     106,280,662 
The total revenue from transactions with related parties is worth KD 185,244
Total expenses from transactions with related parties amounts to KD 1,179

Kuwait Stock Exchange announced that the Board of Directors approved the financial statements Safat Energy Holding Company for the first quarter ending March 31, 2013, dated May 15, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      334,964     298,809 
EPS (fils)     0.556     0.496 
Total current assets     16,591,475     11,563,922 
Total assets     66,248,548     64,992,490 
Total current liabilities     7,635,976     9,186,792 
Total liabilities     8,135,320     9,744,489 
Total shareholders' equity     49,787,954     48,269,030 
Total expenses from transactions with related parties amounts to KD 25,216

Board of Directors of United Projects Company (UPAC) approved the financial statements for the Q1 ending March 31, 2013, dated May 15, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      1,974,402     1,871,700 
EPS (fils)     25.11     23.76 
Total current assets     20,523,264     13,915,756 
Total assets     47,143,275     42,523,361 
Total current liabilities     6,356,799     7,807,978 
Total liabilities     6,550,325     8,876,503 
Total shareholders' equity     37,927,564     30,889,367 
The total revenue from transactions with related parties is worth KD 147,914

Automated Systems Company (ASC) received approval from the Board of Directors for the interim financial statements for the first quarter ending March 31, 2013, dated May 15, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      486,625     3,399,895 
EPS (fils)     12.15     84.91 
Total current assets     13,097,785     12,860,451 
Total assets     13,719,475     13538254 
Total current liabilities     1,107,372     1,036,701 
Total liabilities     1,552,483     1,504,422 
Total shareholders' equity     12,166,992     12,033,832 
The total revenue from transactions with related parties is worth KD 96,078
Total expenses from transactions with related parties amounts to KD 51,178.

Hits Telecom Holding Co. (HITS Telecom) reported that the Board of Directors met on May 15, 2013 and adopted the interim financial statements three month period ending March 31, 2013
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      (264,268)     54,796 
EPS (fils)     (0.389)     0.081 
Total current assets     42,802,628     19,823,138 
Total assets     131,556,816     135,200,388 
Total current liabilities     43,688,325     43,426,071 
Total liabilities     56,625,317     55,617,902 
Total shareholders' equity     70,860,851     96,560,744

Coast Investment and Development Company (Coast) received approval from the Capital Markets Authority for the interim financial statements for the first quarter ending March 31, 2013, dated May 14, 2013.  
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      (2,158,666)     (2,780,883) 
EPS (fils)     (4)     (5) 
Total current assets     108,690,236     116,874,183 
Total assets     265,586,208     280,451,720 
Total current liabilities     77,808,193    85,378,863 
Total liabilities     134,541,281     141,976,868 
Total shareholders' equity     46,873,219     53,627,396 
The total revenue from transactions with related parties is worth KD 41,291
Total expenses from transactions with related parties amounts to KD 250,450

Securities Group Holding Co. (SGH) reported that the Board of Directors met on May 14, 2013 and adopted the interim financial statements for the first quarter ending March 31, 2013. 
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      165,096     1,490,156 
EPS (fils)     1.18     10.07 
Total current assets     28,143,982     31,569,506 
Total assets     43,809,620     46,195,627 
Total current liabilities     5,810,379     12,041,106 
Total liabilities     6,272,099     12,528,327 
Total shareholders' equity     36,997,123     33,090,719 
Total expenses from transactions with related parties amounts to KD 15,249

Al-Madar Finance and Investment Company (Al-Madar) received approval from the Capital Markets Authority for the interim financial statements for the first quarter ending March 31, 2013, dated May 14, 2013.  
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      (4,629,078)     (527,295) 
EPS (fils)     (22.36)     (2.55) 
Total current assets     18,662,509     37,782,845 
Total assets     60,125,833     74,634,999 
Total current liabilities     44,697,261     47,131,706 
Total liabilities    45,692,506     48,462,581 
Total shareholders' equity     10,836,655     22,515,877 
Total expenses from transactions with related parties amounts to KD 41,413

Al-Massaleh Real Estate Company (Massaleh) reported that the Board of Directors met on May 14, 2013 and adopted the interim financial statements three month period ending March 31, 2013
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      313,374     1,885,156 
EPS (fils)     1.44     8.74 
Total current assets     8,546,940     8,899,447 
Total assets     154,771,662     139,685,844 
Total current liabilities     30,239,222     32,645,856 
Total liabilities     95,288,893     79,096176 
Total shareholders' equity     43,091,009     43,823,695

Board of Directors of Ithemaar Bank (Ithemaar) approved the financial statements for the Q1 ending March 31, 2013, dated May 14, 2013.
Particulars     March 31, 2013    March 31, 2012
Profit (loss) (BhD)     698,000     (271,063) 
EPS (fils)     0.240     (0.100) 
Profit (Loss) (KD)      528,148     (199,810) 
EPS (fils)     0.18     (0.08) 
Total current assets(BhD)      1,328,382,084     1,379,296,347 
Total current assets (KD)     1,005,131,722     1,016,727,997 
Total assets (BhD)     2,749,189,000     2,703,695,085 
Total assets (KD)     2,080,197,488     1,992,989,030, 
Total current liabilities(BhD)     2,180,739,237     2,166,475,363 
Total current liabilities (KD)     1,650,075,089     1,596,985,420 
Total liabilities (BhD)    2,426,171,000     2,391,519,481 
Total liabilities (KD)     1,835,783,142     1,762,873,379 
Total shareholders' equity (BhD)    238,260,000     224,076,736 
Total shareholders' equity (KD)     180,281,477     165,174,867 
The total revenue from transactions with related parties is worth KD 2,465950 
Total expenses from transactions with related parties amounts to KD 6,810

Nafais Holding Company reported that the Board of Directors met on May 14, 2013 and adopted the interim financial statements three month period ending March 31, 2013
Particulars     March 31, 2013    March 31, 2012
Profit (Loss) (KD)      1,539,149     789,565 
EPS (fils)     3.72     1.91 
Total current assets     18,627,534     11,861,625 
Total assets     85,231,963     77,976,951 
Total current liabilities     24,333,671     18,576,648 
Total liabilities     33,559,987     29,639,889 
Total shareholders' equity     51,628,807     48,273,327 
The total revenue from transactions with related parties is worth KD 734,537. 
Total expenses from transactions with related parties amounts to KD 93,843.

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