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Initial Unaudited Financial Results for the year ended 31st December 2015

Initial Unaudited Financial Results for the year ended 31st December 2015
Oman Cement
OCOI
-0.20% 0.49 -0.00

OMAN CEMENT COMPANY (SAOG)

 

Initial  Unaudited Financial Results for the year

ended 31st December 2015

 

 

 

 

Particulars

For the Year ended 31st Dec 2015

 (RO)

For the Year ended 31st Dec 2014

(RO)

 

 

% change

Revenues

 

 

 

  1. Sales

52,182,090

51,344,417

1.63%

  1. Investment and other Income

  781,585

2,483,316

-68.52%

Total Revenues

52,963,675

53,827,733

-1.60%

Total Expenses 

39,817,004

38,884,772

2.39%

Net Profit before Tax

13,146,671

*14,942,961

-12.02%

Net Profit after Tax

11,703,216

13,149,218

-10.99%

 

Note: 

 

  1. * Includes profit amounting to RO 2,121,748 on sales of available for sale investments during the year 2014.

 

      2. The above results are initial, unaudited and are yet to be approved by Audit Committee and Board of Directors.