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For the fiscal year ended 31 December 2016, Gulf Glass Manufacturing Company KSCP revenues decreased 25% to KWD9.3M. Net income decreased 48% to KWD1.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Gen. & Admin. Expenses - Balancing value increase from KWD104K to KWD727K (expense), Finance Charges increase from KWD7K to KWD102K (expense).
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Revenue | 2.08 | 2.37 | 2.36 | 2.49 |
Gross Profit | 0.74 | 0.58 | 0.63 | 0.88 |
Operating Income | 0.06 | 0.31 | 0.36 | 0.6 |
Net Income | 0.01 | 0.26 | 0.34 | 0.6 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Assets | 24.48 | 23.71 | 19.74 | 19.58 |
Total Liabilities | 8.39 | 6.59 | 2.88 | 1.89 |
Total Equity | 16.09 | 17.12 | 16.86 | 17.69 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Period Length: | 0 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | -3.46 | -2.13 | -0.24 | |
Cash From Investing Activities | -1.08 | -0.76 | -0.32 | |
Cash From Financing Activities | 3.76 | 0.04 | -0 | |
Net Change in Cash | -0.78 | -2.84 | -0.56 |
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