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National Industries Group Holding had recorded a net profit of KD 429,000 for the 9 months ended 30-09-09

The Board of Directors of National Industries Group Holding had met on Thursday, 12-11-2009, and had discussed the interim financial statements of the Company for the periods ended 30-09-2009. In accordance with the following:

1) The comparative figures for the current period :

Item

3 Months ended 30-09-09

9 Months ended 30-09-09

Profit ( Loss) KD

      11,668,000

              429,000

EPS - fils

          9.20

              0.34

Total Current Assets

          --

        563,931,000

Total Assets

          --

     1,676,493,000

Total Current Liabilities

          --

        883,498,000

Total Liabilities

          --

     1,075,831,000

Total Stock Holders’ Equity

          --

        600,662,000

Total income from transactions with related parties amounted to KD 1,653,000.
Total expenses from transactions with related parties amounted to KD 3,503,000.

2) The comparative figures for prior period :

Item

3 Months ended 30-09-08

9 Months ended 30-09-08

Profit ( Loss) KD

      (17,992,000)

      101,812,000

EPS - fils

      (14.28)

          80.81

Total Current Assets

       --

      717,511,000

Total Assets

       --

   2,214,584,000

Total Current Liabilities

       --

      936,236,000

Total Liabilities

       --

   1,287,000,000

Total Stock Holders’ Equity

       --

      936,584,000

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