Un-audited financial statements for the period ended September 30, 2014 (NATIONAL FINANCE )
The Board of Directors in their meeting held on October 28, 2014 have approved the results for the nine months ended September 30, 2014. We give below the summary of the approved financial results.
Amount in RO ‘000 |
|||
30-Sep-14 |
30-Sep-13 |
Growth |
|
Net investment in financing activities |
160,659 |
144,393 |
11.27% |
Total assets |
165,667 |
150,474 |
10.10% |
Net worth |
37,228 |
34,668 |
7.38% |
Income from financing activities |
11,808 |
10,738 |
9.96% |
Interest expense |
3,047 |
2,857 |
6.65% |
Net Operating Income |
8,761 |
7,881 |
11.17% |
Operating expenses |
3,248 |
2,975 |
9.18% |
Profit before Provision |
5,513 |
4,906 |
12.37% |
Provision |
1,295 |
1,038 |
24.76% |
Profit before tax |
4,218 |
3,868 |
9.05% |
Net Profit after tax |
3,684 |
3,411 |
8.00% |
Best Regards,
Robert Pancras
Chief Executive Officer
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