Investors' Holding loses KD 19.8 mln in '10

03/04/2011 00:00 AST

KSE-listed Investors Group Holding Company on Sunday announced it registered losses of KD 19.8 million; 18.6 fils per share, in 2010.

The company lost KD 14.8 million, or 13.9 fils per share, for the same period in 2009.

It said in a press release, issued on KSE (Kuwait Stock Exchange) internet site earlier today, that the overall shareholder equity equaled KD 56 million in 2010, compared to 76.3 million in 2009.

The total of assets valued KD 83.4 million, while the total of liabilities equaled KD 27.5 million in 2010, it said.

The total of liabilities for 2009 equaled KD 29.2 million, it noted.

The company was established in 1998 and was listed in KSE in 2003 with an issued and paid capital of KD 107 million.


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