OIFC
In compliance with the Disclosure Rules issued by the CMA, the Management of Oman Investment & Finance Co. SAOG is pleased to disclose the initial summarized un-audited consolidated financial results for period ended December 31, 2015.
Details |
Unaudited Period ended |
Audited year ended |
31st Dec 2015 |
31st March 2015 |
|
(9 months) |
(12 months) |
|
(RO in 000's) |
(RO in 000's) |
|
Total Revenue |
11,835 |
13,847 |
Total Expenditure |
10,655 |
11,708 |
Investment Income |
50 |
311 |
Share of profit in associates |
3,087 |
4,206 |
Net Profit/ (Loss) before tax |
4,317 |
6,656 |
Net Profit/ (Loss) after tax |
4,019 |
6,381 |
The initial unaudited annual results are subject to Audit by the Statutory Auditors, Audit Committee review and approval by Board of Directors/Shareholders of the company. The comparative numbers for the previous year are based on Audited Numbers.
The Company has changed its accounting year to calendar year and hence the accounts for this year will close on 31st December 2015 for 9 months.
The same is placed for the information of our shareholders.
Best Regards,
Chief Executive Officer