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Summary of initial results subject to completion of Annual Audited results Summary of initial results subject to completion of Ann

Summary of initial results subject to completion of Annual Audited results                                                                       Summary of initial results subject to completion of Ann
Taageer Finance
TFCI
0.95% 0.11 0.00

                                                                                                                                               

Further to CMA Circular No. E/5/2014 dated 29th May 2014, the initial Un-audited results for the year ending 31st December 2014  are given below:            

                                                                               

Amount in RO'000s

 

Details

Dec-14

Dec-13

Change %

Net Investment in Finance Leases

107,182

101,958

5.12%

Total Borrowings (includes Deposits)

71,728

67,299

6.58%

Net Worth

32,527

31,123

4.51%

Net Interest Income

8,501

8,190

3.80%

Net Profit for the period after tax

3,774

    3,924

-3.82%

                                                                                               

These initial results are for your information and subject to review of the Audit Committee and approval of the Board of Directors and Central Bank of Oman                                                                                                       

With best regards,

 

Mohammed Redha A Jawad

Chief Executive Officer