Preliminary Yearly unaudited financial results for Oman Chromite SAOG For the year ended 31-12-2015

Oman Chromite Co. SAOG    
Preliminary Yearly unaudited financial results for Oman Chromite  SAOG    
For the year ended 31-12-2015    
Management  of Oman Chromite Co. SAOG is Pleased to Announce the initial   unaudited results for the period ended 31.12.2015 as below
     
Discription Dec-15 Dec-14 difference     
   
RO RO RO %    
Revenue      1,757,839       1,941,267     183,428- -9.4    
Other Income             3,229          153,308     150,079- -97.9    
Total Expenses (1,436,509) (1,513,998)        77,489 5.1    
Profit From Operations 324,559 580,577     256,018- -44.1    
Tax & Profit/ (Loss) from Investment (244,225) (269,776)        25,551 9.5    
Net profit after taxation           80,334          310,801     230,467- -74.2    
Notes:            
 The company figures for 2014 are extracted from audited  financial statement.       
The preliminary un-audited results for the year ended 31-12-2015 are subject to approval by audit committee and board of directors
             
 General Manager            
             
             
Muscat Exchange News Contribution Time: 13-Jan-2016 05:14 (GMT)