Please be informed that the Board of Directors in its4^th meeting for the year 2017 held on 29^th October 2017 has approved the un-audited financial results of the Corporation for the nine months period ended 30^th September 2017.  The summary of the financial results for the nine months period ended 30^th September 2017 compared with the corresponding period of 2016 is as follows:

 

Details	Nine months period ended 30th  September	Nine months period ended 30th  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

 

 

 

 

 

Mohammed Osman El Hag Yousuf

Company Secretary