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initial un-audited financial results for the year ended 31 December 2015

initial un-audited financial results for the year ended 31 December 2015
Al Batinah Hotels
BAHS
0.00% 0.45 0.00

In compliance with current regulatory requirements under Article (3) of Disclosure Rules issued by CMA,     Al Batnah Hotels Co. SAOG, is hereby disclosing the initial Annual Un-audited Financial Results for the year ended 31st December 2015:

 

Description

2015

 (R.O)

2014

 (R.O)

Change

%

Total Sales & Revenue

1,516,706

1,089,450

39.22

Total Expenses

1,365,956

1,015,709

34.48

Net Profit/(Loss) after tax

138,994

96,666

43.79

Note:

- Comparative figures for the year 2014 are extracting from the audited financial statements.

- Results for the year 2015 are initial and un-audited in nature and are subject to review, change and approve of the Audit Committee & Board of Directors