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    GULF INVEST SERVICES HOLDING

     Unaudited initial consolidated financial results for the Year ended 31st December 2016

    Jan 12, 2017 08:35 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 year ended 31st December 2016 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

    December 2016

    December 2016

    December 2015

    December 2015

    change

    change

     

    RO

    RO

    RO

    RO

     

     

    Gross Income

    1,942,510

    1,014,700

    716,164

    (207,106)

    171.2%

    NA

    Total Expenses and Amortization

    (1,589,953)

    (625,104)

    (1,930,430)

    (877,866)

    -17.6%

    -28.8%

    Net Profit / (Loss) for the year

    352,557

    389,596

    (1,214,266)

    (1,084,972)

    NA

    NA

    Net Profit / (Loss) for the year excluding Minority Interest

    453,069

    NA

    (1,085,942)

    NA

    NA

    NA

    Net Assets

    19,539,073

    19,637,269

    19,201,151

    19,247,673

    1.76%

    2.02%

    Net Assets exclude Minority Interest

    17,588,321

    NA

    17,149,886

    NA

    2.56%

    NA

    EPS for the year

    0.0023

    0.0026

    (0.0081)

    (0.0072)

    NA

    NA

    EPS exclude Minority Interest for the year

    0.0030

    NA

    (0.0072)

    NA

    NA

    NA

    NAV per share

    0.1301

    0.1307

    0.1278

    0.1281

    1.76%

    2.02%

    NAValue per share exclude Minority Interest

    0.1171

    NA

    0.1142

    NA

    2.56%

    NA

     

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    X