Initial Annual Un-audited Financial Results for the year ended 31st December 2015
According to the disclosure requirements of Capital Market Authority, we are pleased to announce the Initial Annual Un-audited Financial Results for the year ended 31st December 2015, These results are subject to:
-
Audit by the External Auditor – Deloitte.
-
Review by the Audit Committee.
-
Approval by the Board of Directors.
-
Approval by Annual General Meeting
The final results may differ with these initial results, based on the decisions taken at any of the above stages.
|
|
2015 |
2014 |
% |
|
Revenue |
11,258,295 |
12,192,843 |
(7.66%) |
|
Expenses |
(8,800,938) |
(9,185,884) |
(4.19%) |
|
Profit for the year before taxation |
2,457,357 |
3,006,959 |
(18.28%) |
|
Taxation |
(291,776) |
(365,182) |
((20.10%) |
|
Net Profit for the year after taxation |
2,165,581 |
2,641,777 |
(18.03%) |
|
Earning by share |
0.722 |
0.881 |
(18.03%) |
