Kuwait Corporate Fact Sheet

Egypt Kuwait Holding Co. Fact Sheet
Non-Kuwaiti Sector
Reuters Code: EKHK.KW Current Price (KD) : 1.020
Key Facts
KAMCO Research
June 22, 2008
KD '000 2003 2004 2005 2006 2007
Cash & Cash Equivalent 5,932 4,330 6,488 18,803 22,265
Loans Due from Affiliates & Advances 1,057 37,859 26,919 19,764 26,894
Held for Trading Investments 12,618 31,653 30,427 24,649 41,983
L-T Investments 63,384 28,057 50,049 50,179 97,592
Fixed Assets 100 19,433 18,823 17,102 28,563
Other Assets 0 7,687 14,774 20,165 48,942
Total Assets 83,091 129,019 147,479 150,662 266,239
Payables & Other Credit Balances 588 12,440 13,718 14,757 26,951
Loans 27,333 39,415 46,825 36,568 72,336
Provisions for Possible Obligations 6,988 12,091 8,223 6,817 5,279
Total Liabilities 34,910 63,945 68,766 58,142 104,566
Minority Interest 0 13,488 10,557 13,194 17,191
Equity 48,181 51,586 68,155 79,326 144,482
Investment Income 3,366 10,270 3,551 9,121 7,098
Share in Affiliated Companies' Profits 10,026 419 6,547 4,733 14,904
Income from Gas, Glass, and Other Activities 3,428 27,157 23,837 19,100 43,456
Total Operating Revenues 16,820 37,847 33,935 32,954 65,458
Total Operating Costs & Expenses 9,860 25,647 18,561 15,016 35,206
Operating Profit 6,961 12,200 15,374 17,938 30,252
Other Income 0 565 4,827 1,459 2,256
Other Expenses 0 0 4,477 3,236 4,799
Net Profit 6,961 12,765 15,724 16,161 27,709
Key Ratios
2003 2004 2005 2006 2007
Return On Assets 8.38% 9.89% 10.66% 10.73% 10.41%
Return On Equity 14.45% 24.75% 23.07% 20.37% 19.18%
Return on Investments 17.62% 17.90% 12.55% 18.51% 15.76%
Operating Profit Margin 41.4% 32.2% 45.3% 54.4% 46.2%
Investments/ Total Assets 91.5% 46.3% 54.6% 49.7% 52.4%
Total Liabilities/ Total Assets 42.0% 49.6% 46.6% 38.6% 39.3%
Historical Share Data YTD
2004 2005 2006 2007 22-Jun-08
Market Capitalization (KD thousand) 128,520 230,202 413,305 457,797 778,255
Closing Share Price (KD) 1.020 0.435 0.710 0.660 1.020
Highest Price for the Period (KD) 1.160 1.640 1.380 0.750 1.240
Lowest Price for the Period (KD) 0.950 0.405 0.430 0.485 0.660
Volume (Shares thousand) 4,748 7,850 24,180 203,835 37,798
Value (KD thousand) 4,939 5,682 21,606 124,275 34,889
No. of Trades 312 698 2,272 10,427 2,540
EPS (KD) 0.016 0.027 0.028 0.041 0.041
Book Value Per Share (KD) 0.409 0.128 0.136 0.208 0.208
Dividend Per Share (KD) 0.030 0.004 0.011 0.007 NA
Price to Earnings Multiple (X) #
63.59 38.37 36.74 25.04 25.04
Price to Book Value Multiple (X) #
2.49 7.94 7.49 4.90 4.90
Dividend Yield (%) #
2.89 0.36 1.06 0.67 0.67
KD
1.250
1.175
1.100
1.025
0.950
0.875
0.800
0.725
0.650
0.575
0.500
24.6.07
8.7.07
22.7.07
5.8.07
19.8.07
2.9.07
52-Week Price Chart Rel. to KAMCO TRW Index
16.9.07
30.9.07
EKHOLDING KAMCO TRW Index
14.10.07
28.10.07
11.11.07
25.11.07
9.12.07
23.12.07
6.1.08
20.1.08
3.2.08
17.2.08
2.3.08
16.3.08
30.3.08
13.4.08
27.4.08
11.5.08
25.5.08
8.6.08
22.6.08
Index
4,800
4,700
4,600
4,500
4,400
4,300
4,200
4,100
4,000
NA: Not Applicable, NM: Not Meaningful
#
:Historical P/E, P/B & Yield are based on
current price & historical TTM earning per share,
book value per share & dividend per share
Investment Research Department
KIPCO Asset Management Co.K.S.C.C
KAMCO
P.O.Box: 28873 Safat 13149 Kuwait
Email : kamco_research@kamconline.com