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AL MAZAYA HOLDING COMPANY K.S.C.P. AND ITS SUBSIDIARIES
NOTES TO INTERIM CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
JUNE 30, 2021
(All amounts are in Kuwaiti Dinars)
6. Basic and diluted earnings (loss) per share
Basic earnings (loss) per share:
The information necessary to calculate basic earnings (loss) per share based on the weighted average number of
shares outstanding during the period is as follows:
For the three months ended For the six months ended
June 30, June 30,
2021 2020 2021 2020
Profit (Loss) for the period attributable to
equity holders of the Parent Company 42,584 (1,493,636) 84,233 (4,949,596)
Number of shares outstanding:
Number of issued shares at beginning of
the period 688,278,956 688,278,956 688,278,956 688,278,956
Less: Weighted average number of
treasury shares (58,724,740) (60,811,242) (58,839,366) (60,811,242)
Weighted average number of shares
outstanding 629,554,216 627,467,714 629,439,590 627,467,714
Basic earnings (loss) per share (Fils) 0.07 (2.38) 0.13 (7.89)
Diluted earnings (loss) per share:
Diluted earnings (loss) per share is calculated adjusting the weighted average number of ordinary shares outstanding
to assume allotment of all dilutive potential ordinary shares, and to adjust the profit (loss) for the period with the assumed
effect of those potential dilutive shares had they been issued.
The information necessary to calculate diluted earnings (loss) per share are as follows:
For the three months ended For the six months ended
June 30, June 30,
2021 2020 2021 2020
Profit (Loss) for the period attributable to
equity holders of the Parent Company 42,584 (1,493,636) 84,233 (4,949,596)
Weighted average shares adjusted for
dilution effect:
Weighted average number of shares
outstanding used in calculating basic
earnings per share 629,554,216 627,467,714 629,439,590 627,467,714
Adjustment for share options - 2,087,000 - 2,087,000
Weighted average number of shares for
diluted earnings per share 629,554,216 629,554,714 629,439,590 629,554,714
Diluted earnings (loss) per share (Fils) 0.07 (2.37) 0.13 (7.86)
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