Kuwaiti Companies Report Earnings - Aayan, Safwan, Madar

Here are the results.

First, Aayan who announced too late on the 16th to avoid being suspended.

1. Net loss of KD7.1 million for the three months ending 30 September 2009 and KD27.5 million for the nine month period.
2. Capital funds down to KD71.2 million from KD126.3 million on 30 September 2008.
3. Aayan's auditors have issued an "emphasis of matter" comment regarding the company's ability to continue as a "going concern".

Second, Madar who also announced too late on the 16th.

1. Net loss of KD1.4 million for the three months ending 30 September 2009 and KD8.7 million for the nine month period.
2. Capital funds down to KD47.8 million from KD67.2 million on 30 September 2008.

Third, Safwan who announced on the 17th.

1. Net profit of KD0.4 million for the three months ending 30 September 2009 and KD1.0 million for the nine month period.
2. Capital funds up to KD8.2 million from KD7.5 million on 30 September 2008. 

All three of these companies' shares have now resumed trading on the KSE.