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Un-audited Financial Results for the nine months period ended 30th September 2017

Port Services PSCS -0.56% 0.18 -0.00

Please be informed that the Board of Directors in its4th meeting for the year 2017 held on 29th October 2017 has approved the un-audited financial results of the Corporation for the nine months period ended 30th September 2017.  The summary of the financial results for the nine months period ended 30th 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

 

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