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Un-audited Financial Statements for the period ended 30th June 2015

Un-audited Financial Statements for the period ended 30th June 2015
AHEC
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Al-Hassan Engineering Co SAOG at the Board Meeting held on 03rd August, 2015 approved Unaudited Financial Results for the first Half  2015  

The Turnover and net loss of the Company for the period ended 30.06.2015  is RO 51.800 million and ( RO 1.345 million) respectively.

                                                                                                           Figs –OMR in 000’s

Descriptions

Jan – Jun  2015

Jan – Jun  2014

% change

Contract Income

Other Income

Costs (other than Finance Charges)

Profit / (Loss) before Finance Charges

Finance Charges

Net Profit / (Loss) before Tax

Tax

Net Profit / (Loss) after Tax

51,800

85

(52,794)

(909)

(537)

(1,446)

101

(1,345)

29,750

162

(31,402)

(1,490)

(474)

(1,964)

164

(1,800)

74.1%

(47.5%)

68.1%

 

13.3%

 

 

 

In Q2, the cumulative turnover of the company has increased by 74% over previous year to RO 52 mn. The Net profit for Q2 is at RO135k