DIDI
UNAUDITED ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED 31st DECEMBER 2014.
In compliance with Articles (3) of Disclosure of Financial Statements, Dhofar International Development & Investment Holding SAOG is pleased to report its unaudited financial results for the year ended 31st December 2014 as under:
|
|
Parent R.O |
Consolidated R.O |
||
| Unaudited 2014 |
Audited 2013 |
Unaudited 2014 |
Audited 2013 |
|
| Total Income |
11,998,959 |
8,880,609 |
6,259,057 |
4,471,942 |
| Total Expenses |
(4,384,455) |
(3,701,199) |
(5,905,808) |
(5,385,488) |
| Impairment of available for sale financial assets |
(329,942) |
---- |
(329,942) |
--- |
| Change in fair value of financial assets at fair value through P&L |
(1,880,754) |
1,605,817 |
(1,986,521) |
2,022,398 |
| Share of Profit from associates # |
--- |
---- |
14,615,314 |
17,888,590 |
| Provision Income Tax |
(55,000) |
(177,562) |
(55,000) |
(177,562) |
| Net profit for the year |
5,348,808 |
6,607,665 |
12,597,100 |
18,819,880 |
| Minority interest |
---- |
---- |
- |
47,293 |
| Profit attributable to equity holders of Parent Company |
5,348,808 |
6,607,665 |
12,597,100 |
18,867,173 |
| Total Assets |
260,630,760 |
251,300,413 |
230,276,443 |
215,869,346 |
| Net assets per share |
0.659 |
0.696 |
0.494 |
0.489 |
| Basic earning per share |
0.024 |
0.033 |
0.057 |
0.094 |
NOTE :
-
Comparatives for 2013 are extracts from the audited results.
-
Group incorporate the unaudited results of subsidiaries and associates which are subject to Audit ,Boards and in certain case the regulator’s approval.
-
Audited Group and Parent Company financial statements will be submitted in compliance with the current regulations.
-
These results are subject to audit by the Company’s external statutory auditors and review by DIDIH’s Audit Committee , Board of Directors and approval of Shareholders in AGM scheduled on 30th March 2015.
-
Net assets and basic earning per share for 2014 are impacted by the increase of shares capital from 200 million shares to 220 million shares in 2014 by way of bonus shares.
# The share of profit from associates for the year ended as at 31st December 2013 includes profit written back from legal case by Banking associate ( 2014 : Nil )
