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Initial Un-audited Financial Results for the year ended 31/12/2015

Initial Un-audited Financial Results for the year ended 31/12/2015
OFO
OFOI
0.00% 4.57 0.00

Pursuant to Article (3) of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading issued by the Capital Markets Authority, Oman Fiber Optic Co. S.A.O.G is pleased to disclose the following initial annual un-audited results for the year ended 31st December 2015:

 

Description

2015

(Unaudited)

RO (‘000)

2014

(Audited)

RO (‘000)

Total revenue

22,563

23,314

Total expenses

(20,678)

(21,696)

Profit from operations

1,885

1,618

Insurance claim income

-

7,377

Finance cost (net)

(61)

(56)

Profit before taxation

1,824

8,939

Taxation

(216)

(1,066)

Profit and total comprehensive income for the year

1,608

7,873

 

Note:

These results are initial and subject to approval of the Audit Committee, Board of Directors and the Shareholders of the Company