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     Audited Consolidated Financial Statements for the year ended 31st December 2015

    Mar 06, 2016 09:57 AM

    The Board of Gulf Investment Services Holding Company SAOG met on Thursday, 3rd March 2015 and approved the Audited Consolidated Financial Statements of the Company for the year ended 31stDecember 2015.


    Earlier the Company had released the preliminary results for the same period on 14th January 2016. There is a difference of RO 284,959 in the net profit as per audited accounts for the year 2015 compared to provisional accounts announced on 14th January 2016. This is on account of an additional provision that was decided by the Board of Directors at their meeting held on 3rd March 2016, following a SEBI order received by the Company on 3rd March 2016, the details of which have been separately disclosed by the Company earlier today.


    The Board approved financial statements for the year ended 31st December 2015 have been uploaded on MSM Website.