Discloser of Initial annual un-audited financials results for the year ended 31 December 2015

Al-Batinah Development & Investment Holding Co. SAOG is pleased to disclose the summarized initial un-audited consolidated financial results for the year ended 31st December 2015 as given below:

 

Group 31/12/2015

Group 31/12/2014

Group change

Parent  Company 31/12/2015

Parent Company 31/12/2014

Parent
Company change

 

R.O

R.O

%

R.O

R.O

%

Gross Income

235,412

1,139,646

(79) %

129,773

1,049,585

(87) %

Total Expenses

(145,302)

(151,526)

(4) %

(114,666)

(119,753)

(4) %

Net Profit excluding Minority interest before tax

90,110

988,120

(91) %

15,107

929,832

(98) %

Net Profit excluding Minority interest after tax

87,091

980,120

(91) %

15,107

929,832

(98) %

The results of 2015  are un- audited subject to External Auditors & Audit Committee review and approval by Board of Directors . The results for  the year 2014 is audited.

Best Regards,

Muscat Exchange News Contribution Time: 14-Jan-2016 11:29 (GMT)