Initial Unaudited Annual Financial Results of Oman Cables Industry (SAOG) for Year ended 31 December 2015

Initial Unaudited Annual Financial Results of Oman Cables Industry (SAOG) for year ended 31 December 2015

 

(RO'000)

 

RO'000

Year Ended

Year Ended

% Change

31-Dec-2015

31-Dec-2014

 

 

 

Group

Parent

Group

Parent

Group

Parent

 

 

 

 

 

 

 

Total Revenues*

283,470

231,486

303,146

253,246

-6.5%

-8.6%

Total Expenses**

262,127

213,335

283,267

236,450

-7.5%

-9.8%

Net Income after tax

21,343

18,151

19,879

16,796

+7.4%

+8.1%

Non-controlling Interest

-2,836

 

-2,161

 

 

 

Attributable to Shareholders of Parent Co.

18,507

 

17,718

 

+4.5%

 

 

 

*The Total revenues for 2015 have been affected by decline in underlying metal prices in the international market during the year.

** including cost of sales and net of other income

 

 

 

   

Note: The above unaudited financial results are initial and not approved by the Board of Directors 

 

 

 

 
Muscat Exchange News Contribution Time: 14-Jan-2016 04:39 (GMT)

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