Unaudited initial results for the year ended December 31, 2015

Further to CMA Circular No. E/5/2014 dated 29 May 2014. The initial unaudited financial results for the year ended December 31, 2015 are summarized below:

000

Details

Dec-15

RO ‘000

Dec-14

RO ‘000

Change %

Net Investment in Finance Leases

127,036

107,306

18.39%

Total Borrowings (includes Deposits)

89,253

71,556

24.73%

Net Worth

34,372

32,427

6.00%

Net Interest Income

8,120

7,236

12.22%

Net Profit for the period after tax

4,481

3,883

15.40%

 These initial un-audited results are subject to approval/confirmation by           

  • Statutory Auditors
  • Audit Committee and Board of Directors
  • Central Bank of Oman
  • Shareholder of the Company

 

Best regards,

Mohammed Redha A Jawad  

Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Muscat Exchange News Contribution Time: 13-Jan-2016 11:00 (GMT)