Further to CMA Circular No. E/5/2014 dated 29 May 2014. The initial unaudited financial results for the year ended December 31, 2015 are summarized below:
000
|
Details |
Dec-15 RO ‘000 |
Dec-14 RO ‘000 |
Change % |
|
Net Investment in Finance Leases |
127,036 |
107,306 |
18.39% |
|
Total Borrowings (includes Deposits) |
89,253 |
71,556 |
24.73% |
|
Net Worth |
34,372 |
32,427 |
6.00% |
|
Net Interest Income |
8,120 |
7,236 |
12.22% |
|
Net Profit for the period after tax |
4,481 |
3,883 |
15.40% |
These initial un-audited results are subject to approval/confirmation by
- Statutory Auditors
- Audit Committee and Board of Directors
- Central Bank of Oman
- Shareholder of the Company
Best regards,
Mohammed Redha A Jawad
Chief Executive Officer
