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The un-audited initial financial results of the Corporation for the nine months ended 30th September 2017.

Port Services PSCS -0.56% 0.18 -0.00

 

In accordance with the Circular ref. E/2/2016 dated 14th March 2016 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 2017 as given below:

 

Details

January to September

January to September

Change

2017

2016

 

RO

RO

%

Total revenue

3,964,515

5,074,322

-21.9

Total expenses

2,804,955

3,244,832

-13.6

Net  Profit after tax and franchise fee

1,159,560

1,829,490

-36.6

 

Please note that the figures for 2017 are initial un-audited results and are subject to the approval of the Board Audit Committee and Board of Directors.  

 

 

 

 

 

 

 

Mohammed Osman El Hag Yousuf

Company Secretary

 

 

 

 

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