Initial annual un-audited results for the year ended 31.12.2017
In compliance with Article (3) of Disclosure Rule of CMA, we are pleased to announce the initial annual unaudited consolidated Financial Results of Voltamp Energy SAOG for the year ended 31st December 2017 | |||
Particulars | 2017 (unaudited) | 2016 (audited) | % Change |
RO | RO | ||
Revenue | 43,071,235 | 41,154,696 | 4.66% |
Finance & Other Income | 355,531 | 371,516 | -4.30% |
Total Expenditure | (40,068,994) | (37,483,215) | 6.90% |
Profit before tax | 3,357,772 | 4,042,997 | -16.95% |
Provision for Income tax | (357,344) | (412,765) | -13.43% |
Profit after tax | 3,000,428 | 3,630,232 | -17.35% |
Please note | |||
The initial unaudited results for the year ended 31 December 2017, summarized above, are subject to review and approval by the Audit Committee, the Board of Directors and the Statutory Auditors. |
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