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    GULF INVEST SERVICES HOLDING

     Preliminary un-audited consolidated financial results for the First Quarter ended 31st March 2011

    Apr 26, 2011 08:56 AM
    In compliance with Article (3) of Disclosure Rules issued by CMA, The Management of Gulf Investment Services Holding SAOG is pleased to disclose the preliminary summarized un-audited consolidated financial results for the First Quarter ended 31st March 2011 as given below.
    The results are subject to approval by Board of Directors of the company. The Board approved results shall be released in due course.
     
     
    Group
    Parent
    Group
    Parent
    March-11
    March-11
    March-10
    March-10
     
    RO
    RO
    RO
    RO
     Gross Income
    388,246
    212,009
    1,328,324
    1,164,185
     Total Expenses
         (333,114)
       (189,917)
        (314,169)
          (155,435)
     Net Profit/(loss) for the Group for the period 
             55,132
     
        1,014,155
     
     Net Profit for the period excluding Minority Interest
    76,720
    22,092
    1,044,034
    1,008,750
     Net Assets for the Group
      18,006,307
     
      19,701,050
     
     Net Assets exclude Minority Interest
    15,820,839
    19,870,046
    17,155,308
    20,742,612
     EPS for the Group for the period    
    0.0004
     
              0.007
     
     EPS exclude Minority Interest for the period 
              0.001
           0.0001
              0.007
                 0.007
     NAV per share for the group
              0.120
     
              0.131
     
     NAV per share exclude Minority Interest
             0.105
             0.132
              0.114
                 0.138
    X
    X