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