Pursuant to Article 3 of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading issued by Capital Market Authority, Al Kamil Power Co SAOG is pleased to disclose the following unaudited financial results for the year ended 31st December 2015 :
Year ended December 2015 |
Year ended December 2014 |
|||
RO’000 |
US $’000 |
RO’000 |
US $’000 |
|
Operating revenue |
16,443 |
42,753 |
17,758 |
46,170 |
Operating costs |
(11,784) |
(30,640) |
(12,922) |
(33,597) |
Gross profit |
4,659 |
12,113 |
4,836 |
12,573 |
Administrative and general expenses |
(333) |
(865) |
(376) |
(975) |
Profit from operations |
4,326 |
11,248 |
4,460 |
11,598 |
Finance costs |
(525) |
(1,366) |
(713) |
(1,852) |
Profit before taxation |
3,801 |
9,882 |
3,747 |
9,746 |
Taxation |
(465) |
(1,209) |
(1,808) |
(4,700) |
Profit for the year |
3,336 |
8,673 |
1,939 |
5,046 |
The above-reported numbers represent initial unaudited results and are subject to approval by the Audit Committee and Board of Directors of the company.