National Gas
NGCI
NGCI
| Unaudited Consolidated Results of National Gas Company (SAOG) for the period ended 31 Mar 2015. | ||||
| National Gas Company (SAOG), is pleased to disclose the summarized consolidated results for the three months ended on 31 Mar 2015 | ||||
| Values in RO. | ||||
| Particulars | 31-Mar-2015 (Unaudited) | 31-Mar-2014 (Unaudited) | ||
| Group | Parent | Group | Parent | |
| Total Income | 20,638,343 | 3,456,755 | 30,123,598 | 4,078,173 |
| Total Expenses | (20,202,605) | (3,132,363) | (29,609,706) | (3,823,709) |
| Group Profit After Income Tax | 435,738 | 324,392 | 513,892 | |
| Non-Controlling Interests * | 20,594 | - | 65,930 | |
| Attributable to Equity Holders of National Gas Co. : | ||||
| Net Profit after tax | 415,144 | 324,392 | 447,962 | 254,464 |
| Earning Per Share EPS (Baizes)** | 0.0083 | 0.0065 | 0.0149 | 0.0085 |
| Net Assets | 15,39,9911 | 15,814,128 | 12,964,691 | 9,742,647 |
| Net Assets Value Per Share | 0.3080 | 0.3163 | 0.4322 | 0.3248 |
| * Non-controlling Interests represent profit/ loss not attributable to the equity holders of National Gas Company | ||||
| ** The paid up share capital as at 31 March 2014 was RO 3 million which was increased to RO 4.56 million in Q2 2014 after the Company’s rights issue and subsequently to RO 5 million after a bonus share issue approved by the shareholders in March 2015. These increases explain a lower EPS and Net Assets per share compared to the previous corresponding period. | ||||
| *** The financial results reported above are initial, unaudited & are subject to approval by the Audit Committee and the Board of Directors. | ||||
Source:
Muscat Exchange News
