(MENAFN- Arab Times) The Kuwait Stock Exchange announces that the Board of Directors of Kuwait Food Co met on Wednesday 5/3/2014, and approved the annual financial statements of the company for the year ending 31/12/2013 as follows
Particulars 31/12/2013 31/12/201
Profit (loss)(KD) 50,598,000 45,903,00
EPS (fils) 129 11
Total current assets 296,613,000 244,185,00
Total assets 646,095,000 602,980,00
Total current liabilities 210,420,000 192,243,00
Total liabilities 269,753,000 252,097,00
Total shareholders'
Equity 335,543,000 313,355,00
The total revenue from transactions
With related parties is worth KD 200,00
The total expenses from transactions
With related parties is worth KD 69,00
The Board of Directors recommended distribution of cash dividend of 85 per cent of the nominal value of shares i.e. 85 fils per share
Note that these recommendations are subject to approval by the General Assembly and the competent authorities
The Kuwait Stock Exchange Company announces that the Board of Directors of the Gulf Cable and Electrical Industries Co. met on Wednesday 5/3/2014, and approved the annual financial statements of the company for the year ending 31/12/2013 as follows
Particulars 31/12/2013 31/12/201
Profit (loss)(KD) 9,965,482 11, 418,56
EPS (fils) 47 5
Total current assets 81,396,379 72,246,37
Total assets 225,962,042 230,804,80
Total current liabilities 54,918,121 35,768,77
Total liabilities 77,006,963 70,546,74
Total shareholders' equity 148,459,854 159,800,55
The total revenue from transactions
With related parties is worth KD 2,237,01
The total expenses from transactions
With related parties is worth KD 27,08
The Board of Directors has recommended the distribution of cash dividend 30 per cent of the nominal value of shares i.e. 30 fils per share for the financial year ending Dec 31, 2013
Note that these recommendations are subject to approval by the General Assembly and the competent authorities
The Kuwait Stock Exchange Company announces that the Board of Directors Al Ahleia Insurance Company met on Wednesday 5/3/2014 and approved the annual financial statements of the company for the year ending 31/12/2013 as follows
Particulars 31/12/2013 31/12/201
Profit (loss)(KD) 9,506,097 8,499,07
EPS (fils) 48.54 43.4
Total current assets 64,794,917 65,466,68
Total assets 159,346,245 158,927.11
Total current liabilities 15,662,899 22,572,78
Total liabilities 67,048,984 72,149,04
Total shareholders' equity 92,297,261 86,778,06
The total revenue from transactions
With related parties is worth KD 4,000,000
The total expenses from transactions
With related parties is worth KD 1,638,298
The Board of Directors recommended distribution of cash dividend of 32 percent of the nominal value of shares i.e. 32 fils per share for the financial year ending Dec 31, 2013
Note that these recommendations are subject to approval by the General Assembly and the competent authorities
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