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Initial Annual Unaudited Financials 2014

Initial Annual Unaudited Financials 2014
Al Kamil Power
KPCS
0.00% 0.18 0.00

Pursuant to Article 3 of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading issued by Capital Market Authority, Al Kamil Power Co SAOG is pleased to disclose the following annual unaudited financial results:

 

2014

2014

2013

2013

 

RO’000

US $’000

RO’000

US $’000

         

Operating revenue

17,758

46,171

20,916

54,382

Operating costs

(12,922)

(33,599)

(16,071)

(41,785)

Gross profit

4,836

12,572

4,845

12,597

Administrative and general expenses

(376)

(977)

(328)

(853)

Profit from operations

4,460

11,595

4,517

11,744

                

Other Income

-

-

13

34

Finance costs

(713)

(1,852)

(974)

(2,532)

 

Profit before taxation

3,747

9,743

3,556

9,246

Taxation –Current year

Taxation – Prior Years

(450)

(1,358)

(1,169)

(3,531)

(427)

---

(1,110)

---

Profit for the year

1,939

5,043

3,129

8,136

         

 

The above-reported numbers represent initial unaudited results and are subject to approval and confirmation by:

 

  1. Statutory auditors;
  2. Audit Committee and Board of Directors; and
  3. Shareholders of the Company.