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The International Investor Co. announces second quarter net profit of KD5,276,510.
The International Investor Co. announces second quarter net profit of KD5,276,510.
(July 9th 2005)
The International Investor Company has received the approval of The Central Bank of Kuwait on its financial statements for the periods ending 30-06-2005, on 07-07-2005, as per the following:
1) The Current Periods: |
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Item 3 Months Ending 30-06-05 |
6 Months Ending 30-06-05 |
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Net Profit(KD) |
2,449,165 |
5,276,510 |
EPS(Kuwaiti Fils) |
6,2 |
13,5 |
Knowing that the net profit of the 6 months ending 30-06-2005 includes unrealized profits of KD53,909. |
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2) The Comparative Periods: |
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Item 3 Months Ending 30-06-04 |
6 Months Ending 30-06-04 |
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Net Profit(KD) |
2,627,616 |
3,135,342 |
EPS(Kuwaiti Fils) |
7,1 |
8,5 |
Knowing that the company B.O.D. will hold a meeting later on, in order to approve the a.m. financial statements. |
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The International Investor embarks upon an evolution from our traditional specialisation in investment banking.
(July 1st 2005)
In recent years, TII has embarked upon an evolution from our traditional specialisation in investment banking into a broad-based regional financial services company, with investment banking becoming one of our portfolio businesses. We believe that the non-bank financial services industry in the MENA region offers exceptional potential for growth and expansion.
