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Disclosure of initial un-audited financial results for period ended June 30, 2016
Jul 14, 2016 - 04:46PM Company : AL SHARQIA INVESTMENT HOLDING

The management of A'Sharqiya Investment Holding Co. (SAOG) and its subsidiaries is pleased to announce the initial unaudited results for the first half ended June 30, 2016:

Particulars

30-Jun-2016

30-Jun-2015

Change %

Total Income

1,463,480

1,217,678

20.19

Total Operating  Expenses

431,241

462,856

(6.83)

Profit Before Tax

1,032,239

754,822

36.75

Net Profit After Tax

1,008,825

731,266

37.96

Other Comprehensive Income

1,042,044

(589,953)

276.63

Total Comprehensive Income for the Period

2,050,869

141,313

1,351.30

Earnings Per Share  

0.011

0.008

37.96

Net Assets

16,724,902

18,182,053

(8.01)

Net Asset Value Per Share

0.186

0.202

(8.01)

 

Note:

These results are subject to approval of the Audit Committee and the Board of Directors.