OFOI
Decisions in the Board meeting on 27th October 2015
The Board of Directors of Oman Fiber Optic Co. S.A.O.G has approved the nine months unaudited results for the period ending 30th September 2015 which are as following:
| Financial highlights: |
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| Particulars |
Nine months ended September 30, 2015 |
Nine months ended September 30, 2014 |
% Change |
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| Revenue (RO ‘000) |
14,813 |
17,137 |
(14) |
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Net profit (RO ‘000) |
573 |
5,838 |
(90) |
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| Earnings per share quarterly (Baizas) |
91 |
931 |
(90) |
Earning per share for 2014 has been re-instated based on the revised share capital
The decrease in earnings per share compared to the corresponding period in 2014 is mainly due to Insurance Claim of R.O. 4,263K accounted during 2014.
Without the Insurance Claim, Earning Per Share would have been 0.251 Baizas. in 2014.
