AL JAZEIRA SERVICES CO. SAOG AND ITS SUBSIDIARIES | ||||||
Initial Financial Results for 9 months ended 30th September 2015. | ||||||
In compliance with the regulatory requirements, the Management of Al Jazeira Services Co. SAOG is | ||||||
pleased to announce the initial unaudited results for 9 months ended 30th September 2015 as below: | ||||||
30/Sep/15 | 30/Sep/14 | % age Change | ||||
Group | Parent | Group | Parent | Group | Parent | |
Revenue | 8,351,421 | - | 7,574,472 | - | 10% | - |
Operating Expenses | (6,728,917) | (165,805) | (6,131,959) | (141,210) | 10% | 17% |
Operating Profit/ ( Loss) | 1,622,504 | (165,805) | 1,442,513 | (141,210) | 12% | 17% |
Profit from Investments | 1,499,461 | 3,061,093 | 2,425,988 | 3,809,495 | -38% | -20% |
Profit before Tax | 3,121,965 | 2,895,288 | 3,868,501 | 3,668,285 | -19% | -21% |
Tax | (210,940) | - | (186,472) | - | 13% | - |
Profit After Tax | 2,911,025 | 2,895,288 | 3,682,029 | 3,668,285 | -21% | -21% |
Basic earning per share | 0.026 | 0.026 | 0.033 | 0.033 | -21% | -21% |
Book Value per share | 0.211 | 0.210 | 0.203 | 0.202 | 4% | 4% |
Please note that above results are preliminary and subject to review and approval of Audit Committee and Board of Directors. | ||||||