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Summary of six months initial Un-audited results for the period ending 30th June 2015

Summary of six months initial Un-audited results for the period ending 30th June 2015
Taageer Finance
TFCI
-1.89% 0.10 -0.00

Further to CMA Circular No. E/5/2014 dated 29thMay2014 the initial Un-audited results for the six months ending 30th June 2015 are given below:

Amount in RO'000s

Details

Jun-15

Jun-14

Change %

Net Investment in Finance Leases

117,308

106,056

10.61%

Total Borrowings (includes Deposits)

82,254

71,753

14.63%

Net Worth

32,000

30,582

4.64%

Net Interest Income

3,771

3,534

6.71%

Net Profit for the period

2,109

1,829

15.31%

 

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