The Initial Un-audited Financial Results

In compliance with current regulatory requirements under Article (3) of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Tradingissued by CMA, Al Batnah Hotels Co. SAOG, is pleased to disclose the initial un-audited financial results for the year ended 31 December 2014.

Particulars

31/12/2014

31/12/2013

% of Change

Total Revenue

1,099,796.65

1,292,645.00

-14.92%

Total Expenses

1,015,010.43

1,110,466.00

-8.60%

Net Profit (After Taxes)

80,945.95

187,520.00

-56.83%

 

Notes:-

  1. The above results represent initial un-audited and unapproved financials and are subject to review by the Audit Committee and approval by the Board of Directors.

We will present the full financials on their approval in due course.

Muscat Exchange News Contribution Time: 13-Jan-2015 03:35 (GMT)