The Initial un-audited Consolidated Results for the first quater ended 31.03.2015 for Muscat National Holding Company SAOG
In compliance with rules and guidelines on disclosure issued by the Capital Market Authority, Muscat National Holding Co. SAOG is pleased to announce the initial un-audited consolidated results for the three months period ended 31st March 2015 as follows:-
|
|
2015 |
2014 |
|
|
RO |
RO |
|
|
|
|
|
Gross Premium |
4,106,884 |
4,207,250 |
|
|
|
|
|
|
|
|
|
Underwriting contribution |
669,672 |
626,646 |
|
Investment income |
169,837 |
(280,153) |
|
|
839,509 |
346,493 |
|
|
|
|
|
Total Expenses |
(464,201) |
(409,016) |
|
|
|
|
|
Net profit/(loss) after tax |
330,348 |
(113,556) |
|
|
|
|
Please note that the above initial un-audited consolidated results are subject to review and approval by Audit Committee and Board of Directors of Muscat National Holding Company SAOG.
Thank you,
