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    GULF INVEST SERVICES HOLDING

     Unaudited initial consolidated financial results for the Year ended 31st December 2015

    Jan 14, 2016 09:12 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 summarized un-audited consolidated financial results for the yearended 31st December 2015 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-15

    Dec-15

    Dec-14

    Dec-14

    change

    change

     

    RO

    RO

    RO

    RO

     

     

     Gross Income

    701,222

    (198,596)

    3,218,236

    1,650,102

    -78%

    -112%

     Total Expenses and Impairment loss

        (1,630,529)

           (577,573)

        (1,628,270)

           (696,223)

    0.1%

    -17%

     Net (Loss) Profit for the Group for the period

           (929,307)

     

          1,589,966

     

    -158%

     

     Net (Loss)Profit for the period excluding Minority Interest

    (800,866)

    (776,169)

    1,481,810

    953,879

    -154%

    -181%

     

    Net Assets for the Group

        19,486,110

     

        21,360,164

     

    -9%

     

     Net Assets exclude Minority Interest

    17,434,963

    19,556,476

    19,180,576

    21,234,049

    -9%

    -8%

     EPS (Loss) for the Group for the period

              (0.006)

     

                0.011

     

    -158%

     

     EPS (Loss) exclude Minority Interest for the period

              (0.005)

              (0.005)

                0.010

                0.006

    -154%

    -181%

     NAV per share for the group

                0.130

     

                0.142

     

    -9%

     

     NAValue per share exclude Minority Interest

                0.116

                0.130

                0.128

                0.141

    -9%

    -8%

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    X