PSCS
In compliance with the Executive Regulations of the Capital Market Law and with reference to the Executive Management disclosure of initial result on 12/10/2015, Please be informed that the Board of Directors in its9th meeting for the year 2015 held on 25th October 2015 has approved the un-audited financial results of the Corporation for the third quarter ended 30th September 2015. The summary of the financial results for the quarter ended 30th September 2015 compared with the corresponding period of 2014 is as follows:
|
Quarter ended 30th September 2015 |
Quarter ended 30th September 2014 |
Change |
|
RO |
RO |
% |
Total income |
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) |
Saud Bin Ahmed Al Nahari
Chief Executive Officer