Initial Un-audited Results for the FY (9 Months) ended 31/12/2015

As required under disclosure rules, initial un-audited results of the Company for the financial year (9 Months) ended 31/12/2015 are as follows: 

Description

FY ended Dec 31st, 2015

* 9 Months 

in RO

FY ended March 31st, 2015

12 Months

in RO

Total Revenues

73,079

386,665

Total Expenses

(420,975)

(537,606)

Fair Value changes on investments through profit or (loss)

(324,619)

(876,125)

Net Profit (loss) before tax

(672,515)

(1,027,066)

Income Tax  

-

-

Net Profit (loss) after tax

(672,515)

(1,027,066)

Unrealized fair value (loss) on available-for-sale investments

(75,311)

(11,452)

Total comprehensive Income (loss)

(747,826)

(1,038,518)

Profit (loss) per share

(0.037)

(0.052)

Book Value per Share *

0.044

0.081

 

  • EGM on 30th June 2015, has approved changing the FY to be ended 31 December every year instead of 31 March.

 

  • The results unaudited and not approved by Audit Committee, the Board, nor the external Auditors. The details will be sent to you later.

 

Muscat Exchange News Contribution Time: 14-Jan-2016 05:00 (GMT)