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    GULF INVEST SERVICES HOLDING

     Un-audited initial consolidated financial results for the year ended 31st December 2014

    Jan 15, 2015 01:33 PM

     

    In compliance with Article (3) of Disclosure Rules issued by CMA, The Management of Gulf Investment Services Holding SAOG is pleased to disclose the summarized un-audited consolidated financial results for the periodended 31st December 2014 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

    Group

    Parent

    Dec-14

    Dec-14

    Dec-13

    Dec-13

    change

    change

     

    RO

    RO

    RO

    RO

     

     

     Gross Income

    3,242,671

    1,650,102

    6,376,254

    4,252,616

    -49%

    -61%

     Total Expenses

    (1,628,270)

    (696,223)

    (1,983,537)

    (1,311,391)

    -18%

    -47%

    Tax

    -

    -

    (149,863)

    (149,863)

    -100%

    -100%

     Net Profit for the Group for the period

    1,614,401

     

    4,242,854

     

    -62%

     

     Net Profit for the period excluding Minority Interest

    1,506,244

    953,879

    4,104,130

    2,791,362

    -63%

    -66%

     Net Assets for the Group

    21,384,599

     

    22,086,830

     

    -3%

     

     Net Assets exclude Minority Interest

    19,205,012

    21,234,049

    20,004,583

    22,533,680

    -4%

    -6%

     EPS for the Group for the period

    0.011

     

    0.028

     

    -62%

     

     EPS exclude Minority Interest for the period

    0.010

    0.006

    0.027

    0.019

    -63%

    -66%

     NAV per share for the group

    0.142

     

    0.147

     

    -3%

     

     NAV per share exclude Minority Interest

    0.128

    0.141

    0.133

    0.150

    -4%

    -6%

     

     

     

     

     

     

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