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FINANCIAL NEWS
Kuwait China Investment posts $7.45m profit
04 Nov 2010
(MENAFN) Kuwait China Investment Company (KCIC) posted $7.45 million during the nine months that ended on September 30, 2010 compared to gain of $74.5 million in the same period last year, Kuna reported.
The total equity amounted to $303.3 million for the nine months, which ended on September 30, 2010 compared to $308.3 million for the same period last year, the company said in a statement to the Kuwait Stock Exchange (KSE).
Total assets reached $309.4 million, while total liabilities amounted to $5.9 million for the nine months compared to $4.29 million in the same period last year, it added.
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