National Gas
NGCI
NGCI
| National Gas Company (SAOG), is pleased to disclose the summarized consolidated results for the half year ended on 30 June 2015 | ||||
| Values in RO. | ||||
| Particulars | 30-Jun-2015 (Unaudited) | 30-Jun-2014 (Unaudited) | ||
| Group | Parent | Group | Parent | |
| Total Income | 35,377,137 | 6,107,323 | 51,856,618 | 7,931,598 |
| Total Expenses | (34,646,642) | (5,579,460) | (51,029,684) | (7,433,703) |
| Group Profit After Income Tax | 730,495 | 527,863 | 826,935 | 497,895 |
| Non-Controlling Interests * | 42,929 | - | 80,655 | |
| Attributable to Equity Holders of National Gas Co. : | ||||
| Net Profit after tax | 687,566 | 527,863 | 746,279 | 497,895 |
| Earning Per Share EPS (Baizes)** | 0.0138 | 0.0106 | 0.0164 | 0.0109 |
| Net Assets | 15,509,568 | 16,008,719 | 15,743,150 | 16,093,917 |
| Net Assets Value Per Share | 0.3102 | 0.3202 | 0.3455 | 0.3532 |
| * Non-controlling Interests represent profit/ loss not attributable to the equity holders of National Gas Company | ||||
| ** The paid up share capital as at 31 March 2014 was RO 3 million which was increased to RO 4.56 million in Q2 2014 after the Company’s rights issue and subsequently to RO 5 million after a bonus share issue approved by the shareholders in March 2015. These increases explain a lower EPS and Net Assets per share compared to the previous corresponding period. | ||||
| ***Previous year numbers have been regrouped and restated as required in accordance with the restatement done at the time of the audit for the year 2014. | ||||
Source:
Muscat Exchange News
