Port Services
PSCS
PSCS
In accordance with the Circular ref. E/5/2014 dated 29th May 2014 of the Capital Market Authority; we are pleased to disclose the un-audited initial financial results of the Corporation for the nine months ended 30th September 2015 compared with the corresponding period of 2014 is as given below:
| Details |
January to September |
January to September |
Change |
|
|
2015 |
2014 |
|
|
|
RO |
RO |
% |
| Total revenue |
3,795,138 |
15,348,802 |
(75.3) |
| Total expenses |
5,951,495 |
11,655,725 |
(48.9) |
| Net (Loss) / profit after tax and franchise fee |
(2,156,357) |
3,693,077 |
(158.4) |
Please note that the figures for 2015 are initial un-audited results and are subject to the approval of the Board Audit Committee and Board of Directors.
Saud Bin Ahmed Al-Nahari
Chief Executive Officer
Source:
Muscat Exchange News
