"In compliance with Article (3) of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading issued by the Capital Market Authority, the initial un audited consolidated Results of Al Hassan Engineering Company SAOG for the year 2017 is given below:"                                

 

				RO '000		Change%
Particulars	Parent 2017	Consolidated 2017	Parent 2016 (Audited)	Consolidated 2016 (Audited)		Parent	Consolidated
Contract & Other Income	32,468	40,241	53,145	90,138		-39%	-55%
Total Expense	(35,329)	(63,981)	(61,882)	(100,948)		-43%	-37%
Profit / (Loss) before provision for variation	(2,861)	(23,740)	(8,737)	(10,810)		-67%	120%
Provision for variation	-	(3,000)	-	-
Profit/(Loss) after tax	(2,861)	(26,740)	(8,737)	(10,810)		-67%	147%

 

The above results for the year 2017 are subject to the approval of Audit Committee,
  Board of Directors and the Statutory Auditors