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March 2009

On Expected Lines…

Date : 09/03/2009 Author: M.R. Raghu

Nearly two months after 2008 ended, we have a view on about 64% of companies with results for Q-4 08 and for the full year 2008. While 86% of Saudi Arabia are out with results, the same for Kuwait is 26%. And the trend was on expected lines. Earnings experienced a sharp contraction during Q-4 thereby dragging down the overall performance for 2008.

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