Initial Un-audited Results for Year Ended 31.12.2015
As required under Article(3) of Rules & Guidelines on Disclosure by Issuer of Securities and insider trading. Gulf Mushroom Products Co.(SAOG) is pleased to disclose its initial un-audited financial results for the year ended 31 December 2015 as follows -
|
Year |
2015 (RO) |
2014 (RO) |
Change % |
|
Total Revenue |
6,192,114 |
6,139,071 |
1% |
|
Total Expenses |
(5,843,193) |
(5,772,856) |
1% |
|
Profit Before Tax |
348,921 |
366,215 |
(5%) |
|
Provision for Tax |
(40,723) |
(39,883) |
2% |
|
Net Profit |
308,198 |
326,332 |
(6%) |
Please Note :-
-
The un-audited results for the year ended 31 December 2015 summarized above are subject to approval by the Audit Committee and Board of Directors.
-
The Comparative figures for 2014 are extracted from the audited financial statements.
