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Summary of three months Unaudited results for the period ending 31st March 2015

Summary of three months Unaudited results for the period ending 31st March 2015
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 three months ending 31st March 2015 are given below:

Amount in RO'000s

Details

Mar-15

Mar-14

Change %

Net Investment in Finance Leases

113,186

104,599

8.21%

Total Borrowings (includes Deposits)

77,523

69,524

11.51%

Net Worth

30,892

29,637

4.23%

Net Interest Income

1,867

1,755

6.38%

Net Profit for the period

1,001

884

13.24%

 

 

 

 

 

These initial results are for your information and subject to approval of the Audit Committee and the Board of Directors.

With best regards,

 

 

Mohammed Redha A Jawad

Chief Executive Officer