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
Continued on Page 39
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.
© Arab Times 2013




















