The unaudited financial results of the company for the nine months ended 30
st
September 2015.
The Key figures are shown below:
1. Parent Company
|
% |
Diff. |
2014 |
2015 |
|
|
|
|
|
|
|
|
1.030% |
477,551 |
46,586,180 |
47,063,731 |
Sales |
|
1.440% |
617,630 |
42,751,950 |
43,369,580 |
Cost of Sales and Operating expenses |
|
-3.650% |
(140,079) |
3,834,230 |
3,694,151 |
Net profit after tax |
2. The Group
|
% |
Diff. |
2014 |
2015 |
|
|
|
|
|
|
|
|
-0.670% |
(343,200) |
51,429,551 |
51,086,331 |
Sales |
|
0.690% |
322,511 |
46,815,650 |
47,138,161 |
Cost of Sales and Operating expenses |
|
-14.430% |
(665,731) |
4,613,901 |
3,948,170 |
Net profit after tax |
Notes:
|
1. In these financial statements the wheat and feed subsidy have been accounted on accrual basis and in accordance with the methodology received from the Ministry. |
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|
2. The Independent auditors appointed by the Ministry of Finance have completed their verification of wheat subsidy until September-2013 and in respect of feed subsidy up to September-2015 and have submitted their report to the Ministry. |
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|
|
|
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3. The above results represent initial un-audited financial results and are subject to review by the Audit Committee and approval by the Board of Directors. |
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4. We will present the full financials upon their approval in due course. |
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For/ Salalah Mills Company SAOG
Ahmed Alawi Al - Dhahab
CEO
Salalah: 14thOctoper 2015
