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For the three months ended 31 March 2018, Kuwait Gypsum Manfctg and Tardng Co KPSC revenues decreased 15% to KWD450K. Net income decreased 16% to KWD12K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects General & Admin. Expense increase of 28% to KWD47K (expense), Depreciation increase of 23% to KWD1K (expense).
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Revenue | 0.45 | 0.41 | 0.4 | 0.54 |
Gross Profit | 0.06 | 0.07 | 0.12 | 0.08 |
Operating Income | 0.01 | -0.06 | 0.08 | 0.04 |
Net Income | 0.01 | -0.06 | 0.08 | 0.04 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Assets | 5.03 | 5.13 | 5.22 | 5.25 |
Total Liabilities | 0.23 | 0.34 | 0.22 | 0.33 |
Total Equity | 4.8 | 4.79 | 5 | 4.92 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 0.06 | 0.31 | 0.24 | 0.23 |
Cash From Investing Activities | 0.01 | 0.01 | 0.01 | 0.01 |
Cash From Financing Activities | -0.15 | 0 | ||
Net Change in Cash | 0.08 | 0.16 | 0.25 | 0.24 |
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