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Initial unaudited financial results for three months ended 31st March 2015

Initial unaudited financial results for three months ended 31st March 2015
Al Jazeira Services
AJSS
-0.55% 0.18 -0.00
 In compliance with Article (3) of disclosure rules issued by CMA the Management of Al Jazeira Services Co. SAOG  is pleased to announce the initial unaudited results for 3 months ended 31st March 2015 as below:
 
 
             
  31/Mar/15 31/Mar/14 % age Change 
  Group Parent Group Parent Group Parent
             
Revenue     2,754,489               -       2,338,166                 -   18%         -  
             
Operating Expenses   (2,208,161)       (64,960)    (1,898,576)         (45,767) 16% 42%
             
Operating Profit/ Loss       546,328       (64,960)        439,590         (45,767) 24% 42%
             
Profit from Investments       630,023    1,166,184        689,701      1,116,181 -9% 4%
             
Profit  before Tax    1,176,351    1,101,224     1,129,291      1,070,414 4% 3%
             
Tax       (69,743)               -           (54,649)                 -   28%         -  
             
Profit  After Tax    1,106,608    1,101,224     1,074,642      1,070,414 3% 3%
             
Basic earning per share          0.010          0.010           0.010            0.010 3% 3%
             
Book Value per share 0.197 0.196 0.178 0.177 11% 11%
             
             
             
 Please note :            
The above results are preliminary and subject to review  and  approval of Audit Committee and Board of Directors.