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National Industries Group (NIG) Board of Directors met to discuss on the quarterly results

National Industries Group announced that the Board of Directors met on Thursday 13/11/2008, to discuss the company’s financial results for the periods ended 30/9/2008. In accordance the results of the Company are as follows:

Year Item of 3 months ending 30/9/2008 the 9 months ending 30/09/2008
Profit (loss) KD (17,992,000) 101,812,000
Profit (loss) per share (Kuwaiti fils) (14) 81
Total income from transactions with related parties 12,657,000
Total expenses from transactions with related parties 5,279,000

Note that the net profit includes:
Unrealized gains of KD 37,147,000

2) The periods of comparison:

3 months ending 30/9/2007 the 9 months ending 30/9/2007
Profit 49,875,000 207,961,000
Earnings per share- Kuwaiti fils 40 167

 

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