Unaudited & Unapproved Preliminary Financial Results for the year ended 31st December 2015

 

FLASH NEWS

 

Oman Chlorine management is pleased to announce the unaudited financial result for the year 2015.

 

The summarized unaudited results are as under-

                                Amt. in RO ‘000

 

 

S. No.

Details

2015

2014

Variance %

         

1

Net sales

          7,595

        7,464

1.76

2

Total expenses

          4,614

        4,511

-2.28

3

Profit before tax

          2,981

        2,953

0.95

4

Tax

              368

           359

-2.51

5

Profit after tax (standalone operation)

          2,613

        2,594

0.73

6

Estimated share of parent company’s  profit/(loss) of subsidiaries

            (240)

         (341)

29.61

         

7

Consolidated profit after tax of parent company  

          2,373

        2,253

5.32

 

There was no commercial operation of the subsidiaries during 2015 and both the projects in UAE and Qatar are under construction.

 

The above results are subject to final audit, approval of the Audit Committee and Board of Directors.

 

 

Muscat Exchange News Contribution Time: 13-Jan-2016 19:31 (GMT)