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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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