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Initial Unaudited Consolidated Financial Results for Q2 2015

Initial Unaudited Consolidated Financial Results for Q2 2015
Voltamp
VOES
-0.35% 0.28 -0.00
The Management of Voltamp Energy SAOG, is pleased to announce the initial unaudited results for the 6 months ended 30th June 2015 as below:
 
Particulars Period after 6 months ended 30th June 2015   Period after 6 months ended 30th June 2014 %Increase/(decrease)
         
  RO   RO  
         
Revenue 16,423,640   10,870,484 51.08%
         
Finance & Other Income 265,592   271,902 -2.32%
         
Expenditure               (14,927,454)                   (10,090,445) 47.94%
         
Profit before tax 1,761,778   1,051,941 67.48%
         
Provision for Income Tax                    (231,391)                        (185,905) 24.47%
         
Profit after tax 1,530,387   866,036 76.71%
 
 Note:
 
These results are subject to approval of the Audit Committee and the Board of Directors.