Mubasher TV
Contact Us Advertising   العربية

Unaudited Preliminary financial results for the year ended December 31, 2015

Unaudited Preliminary financial results for the year ended December 31, 2015
Sharqiyah Desalination
SHRQ
0.00% 0.14 0.00
Particulars Unaudited
     for period ended
    31 Dec 2015
Audited
     for the year ended
    31 Dec 2014
% on
    period ended
    31 Dec 2015
Total Revenue                  10,055,141                  9,816,464 2%
Total   Expenses including Finance costs                  (8,332,194)                (7,027,803) 19%
Net   Profit before Tax                    1,722,947                  2,788,661 -38%
Net   Profit after Tax                    1,516,752                  2,456,522 -38%
Basic   Earning per Share                           0.155                         0.251 -38%
Other   comprehensive income:      
Fair   value adjustment                          40,185                   (961,743) -104%
Deferred   tax on fair value adjustment                         (4,822)                     115,409 -104%
       
Total   comprehensive income for the period                    1,552,115                  1,610,188 -4%
The above figures are subject to approval of the Audit Committee   and the Board of Directors at the meeting that will be held on 24th February   2016.