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

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%