This is to inform you the initial unaudited results of Gulf Hotels (Oman) for the financial year ended 31st December 2015 which are provided as under:
Initial unaudited financial results
|
Particulars |
For the year ended 31st December 2015 In ‘000 RO Unaudited
|
For the year ended 31st December 2014 In ‘000 RO Audited |
Change in % |
|
Total Revenue |
9,128 |
9,461 |
-3.52 |
|
Total Expenses |
(6,879) |
(6,853) |
0.38 |
|
Net Profit after tax
|
2,249 |
2,608 |
-13.77 |
NOTE:
-
Total expenses are net of finance and other income.
-
The above results are initial and unaudited and are subject to review and approval of the Audit Committee and Board of Directors of the company.
