In compliance with current regulatory requirements under Article (3) of Disclosure Rules issued by CMA, Al Batnah Hotels Co. SAOG, is hereby disclosing the initial Annual Un-audited Financial Results for the year ended 31st December 2015:
Description |
2015 (R.O) |
2014 (R.O) |
Change % |
Total Sales & Revenue |
1,516,706 |
1,089,450 |
39.22 |
Total Expenses |
1,365,956 |
1,015,709 |
34.48 |
Net Profit/(Loss) after tax |
138,994 |
96,666 |
43.79 |
Note:
- Comparative figures for the year 2014 are extracting from the audited financial statements.
- Results for the year 2015 are initial and un-audited in nature and are subject to review, change and approve of the Audit Committee & Board of Directors