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Initial Un-audited Results for Year Ended 31.12.2014

Initial Un-audited Results for Year Ended 31.12.2014
GMPI
GMPI
0.42% 0.24 0.00

As required under Article(3) of Rules & Guidelines on Disclosure by Issuer of Securities and insider trading. Gulf Mushroom Products Co.(SAOG) is pleased to disclose its initial un-audited financial results for the year ended 31 December 2014 as follows -

 

Year

2014

(Ro)

2013     

(RO)

Change %

Total Revenue

 6,139,071

     5,901,758

     4%

Total Expenses

(5,772,855)

   (5,355,913)

     8%

Profit Before Tax

  366,216

        545,845

  (33%)

Provision for Tax

 (49,480)

        (34,655)

    43%

Net Profit

 316,736

        511,190

   (38%)

 

Please Note :-

  1. The un-aduited results for the year ended 31 December 2014 summarized above are subject to approval by the Audit Committee and Board of Directors.
  2. The Comparative figures for 2013 are extracted from the audited financial statements.