SFMI
In compliance with Article (3) of Disclosure Rules issued by CMA, Salalah Mills Co. is pleased to disclose the Initial Annual Un-audited Results for the year 2015:-
1. Parent Company
| % |
2014 |
2015 |
|
| 2.45% |
61,815,037 |
63,329,858 |
Revenue |
| 1.27% |
57,222,257 |
57,947,816 |
Costs of Sales and Expenses |
| 10.03% |
22,135 |
34,251 |
Gain/(loss) on change in fair value of shares investment |
| -81.74% |
278,106 |
50,791 |
Exchange rate Gains(loss) on revaluation of long term loan |
| 11.54% |
4,870,886 |
5,432,833 |
Net Profit After Tax |
2. The Group
| % |
2014 |
2015 |
|
| 0.96% |
67,604,617 |
68,254,276 |
Revenue |
| 0.45% |
62,506,894 |
62,791,078 |
Costs of Sales and Expenses |
| 10.030% |
22,135 |
34,251 |
Gain/(loss) on change in fair value of shares investment |
| -89.07% |
464,757 |
50,791 |
Exchange rate Gains(loss) on revaluation of long term loan |
| -0.87% |
5,562,480 |
5,513,988 |
Net Profit After Tax |
* Comparatives for 2014, are extracted from the audited results and have been regrouped to be comparable with 2015 data.
* These results are initial and subject to the review and approval of the Audit Committee, Board of Directors and AGM which will be held on 31/03/2016.
The Board of Directors had already proposed the payment of 65% Cash dividends of paid Capital that is ) 65 Baize per share(.
For/ Salalah Mills Company SAOG
Ahmed Alawi Al – Dhahab
CHIEF EXECUTIVE OFFICER
Salalah: 17/01/2016
