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    GULF INVEST SERVICES HOLDING

     Unaudited initial consolidated financial results for the year ended 31st December 2017

    Jan 15, 2018 01:28 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 year ended 31st December 2017 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 2017

    December 2017

    December 2016

    December 2016

    change

    change

     

    RO

    RO

    RO

    RO

       

    Gross Income

    653,444

    (154,867)

    1,943,604

    1,014,700

    -66.38%

    NA

    Total Expenses and Impairment loss

    (1,689,049)

    (623,264)

    (1,589,954)

    (625,104)

    6.23%

    -0.29%

    Net (Loss) / Profit for the period

    (1,035,605)

    (778,131)

    353,650

    389,596

    NA

    NA

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

    (841,126)

    NA

    454,162

    NA

    NA

    NA

    Net Assets

    18,561,761

    18,859,138

    19,540,166

    19,637,269

    -5.01%

    -3.96%

    Net Assets exclude Minority Interest

    16,805,488

    NA

    17,589,413

    NA

    -4.46%

    NA

    (LPS) / EPS for the period

    (0.007)

    (0.005)

    0.002

    0.003

    NA

    NA

    (LPS) / EPS exclude Minority Interest for the period

    (0.006)

    NA

    0.003

    NA

    NA

    NA

    NAV per share

    0.124

    0.126

    0.130

    0.131

    -5.01%

    -3.96%

    NAV per share exclude Minority Interest

    0.112

    NA

    0.117

    NA

    -4.46%

    NA

    X
    X