Title :

Preliminary Financial Results for Quarter I ended 30^th June 2026

Content :

This is to inform you that during Quarter I ended 30 June 2026, the Company, (Group & Parent) recorded Net losses of RO (1,612,942) and RO (1,516,729) respectively (compared to Group & Parent Net Profits of RO 121,399 and RO 232,024 respectively as at 31.3.2025). The details are as follows: 

                                                                                                                           RO Millions

Particulars	30.06.2026 Group	31.03.2025 Group	Change %	30.06.2026 Parent	31.03.2025 Parent	Change %
Total Income	(1.193)	0.485	(346%)	(1.267)	0.491	(358%)
Total Expenses	(0.429)	(0.390)	10%	(0.249)	(0.259)	(4%)
Net Profit/(Loss) before tax	(1.622)	0.095	(1807%)	(1.517)	0.232	(754%)
Income Tax	-	-	-	-	-	-
Net Profit/(Loss) after tax	(1.622)	0.095	(1807%)	(1.517)	0.232	(754%)
Profit/(Loss) attributable to: - Owners of the Parent  - Non-controlling interests	(1.613) (0.009) 1.622	0.121 (0.026) 0.095	(1433%) (66%) (1807%)	(1.517) - (1.517)	0.232 - 0.232	(754%) - (754%)

 

These results are provisional, subject to audit review and to be approved by the Audit Committee and the Board of Directors.

Following O&E’s change in financial year end from 31 December to 31 March, the current interim financial results cover the first quarter ended 30 June 2026, whereas the comparative figures relate to the quarter ended 31 March 2025 under the previous reporting cycle.

 

With regards,

 

 

 

 

Raffy Manoug Kozadjian

Acting Chief Executive Officer