Initial Annual Unaudited Financial Ended 31st December 2015

Pursuant to Article 3 of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading issued by Capital Market Authority, Al Kamil Power Co SAOG is pleased to disclose the following unaudited financial results for the year ended 31st December 2015 :

 

 

Year ended December 2015

Year ended December 2014

 

RO’000

US $’000

RO’000

US $’000

         

Operating revenue

16,443

     42,753

17,758

   46,170

Operating costs

(11,784)

  (30,640)

  (12,922)

 (33,597)

Gross profit

4,659

   12,113

     4,836

12,573

Administrative and general expenses

(333)

       (865)

(376)

(975)

Profit from operations

4,326

11,248

4,460

11,598

Finance costs

(525)

    (1,366)

(713)

(1,852)

 

Profit before taxation

3,801

      9,882

       3,747

         9,746

Taxation

 (465)

(1,209)

(1,808)

(4,700)

Profit for the year

3,336

      8,673

1,939

5,046

         

 

The above-reported numbers represent initial unaudited results and are subject to approval by the Audit Committee and Board of Directors of the company.

Muscat Exchange News Contribution Time: 17-Jan-2016 10:59 (GMT)