OFOI
Pursuant to Article (3) of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading issued by the Capital Markets Authority, Oman Fiber Optic Co. S.A.O.G is pleased to disclose the following initial annual unaudited results for the year ended 31st December 2014:
Description |
2014 (Unaudited) RO (‘000) |
2013 (Audited) RO (‘000) |
Total revenue |
23,314 |
27,055 |
Total expenses |
(21,696) |
(24,748) |
Profit from operations |
1,618 |
2,307 |
Insurance claim income |
7,377 |
2,806 |
Finance cost (net) |
(56) |
(268) |
Profit before taxation |
8,939 |
4,845 |
Taxation |
(1,066) |
(583) |
Profit and total comprehensive income for the year |
7,873 |
4,262 |
Note:
These results are initial and subject to approval of the Audit Committee, Board of Directors and the Shareholders of the Company