Oman Flour Mills
OFMI
OFMI
| The management of OFM is pleased to disclose the Group and Parent company un-audited initial financial results for the nine months ended 30 September 2015 as follows: | |||||||||
| Group | Parent Company | ||||||||
| 2015 | 2014 | 2015 | 2014 | ||||||
| (Un-Audited) | (Un-Audited) | (Un-Audited) | (Un-Audited) | ||||||
| RO '000 | RO '000 | RO '000 | RO '000 | ||||||
| Revenue | 19,744 | 18,774 | 16,596 | 16,274 | |||||
| Gross profit | 4,333 | 3,488 | 2,853 | 2,439 | |||||
| Net profit, after tax, for the period | 2,198 | 1,816 | 1,937 | 1,884 | |||||
| Net profit margin | 11.13% | 9.67% | 11.67% | 11.58% | |||||
| Notes: | |||||||||
| 1. | Current year tax expenses are estimated. | ||||||||
| 2. | The above results represent initial un-audited financial results and are subject to review by the Audit Committee and approval by the Board of Directors. | ||||||||
| 3. | Previous year un-audited figures are re-classified to conform to the changes in presentation in the current year where ever necessary. | ||||||||
| 4. | We will present the full financials on their approval in due course. | ||||||||
| 5. | The above results include subsidy on wheat computed on the existing methodology. No subsidy on wheat | ||||||||
| has been paid since July 2013. | |||||||||
Source:
Muscat Exchange News
