Initial Unaudited Annual Financial Results of Oman Cables Industry (SAOG) for year ended 31 December 2014

(RO'000)

Year Ended

Year Ended

% Change

31-Dec-14

31-Dec-13

Group

Parent

Group

Parent

Group

Parent

Total Revenues

303,146

253,246

306,058

263,484

-1.0%

-3.9%

Total Expenses*

(283,267)

(236,450)

(287,662)

(247,681)

-1.5%

-4.5%

Net Income after tax

19,879

16,796

18,396

15,803

8.1%

6.3%

Non-controlling Interest

(2,161)

(1,510)

Attributable to Shareholders of Parent Co.

17,718

16,886

4.9%

* including cost of sales and net of other income

Note: The above results are initial and not approved by the Board of Directors