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 Unaudited initial consolidated financial results for the Six Months period ended 30th June 2016

 

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 six months period ended 30th June 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

June 2016

June 2016

June 2015

June 2015

change

change

 

RO

RO

RO

RO

 

 

Gross Income

1,270,017

822,163

1,365,274

786,042

-6.98%

4.60%

Total Expenses and Impairment loss

(748,504)

(273,460)

(819,930)

(290,654)

-8.71%

-5.92%

Net Profit for the period

521,513

548,703

545,344

495,388

-4.37%

10.76%

Net Profit for the period excluding Minority Interest

574,670

NA

575,357

NA

-0.12%

NA

Net Assets

19,722,664

19,796,376

21,004,104

20,828,033

-6.10%

-4.95%

Net Assets exclude Minority Interest

17,724,557

NA

18,854,529

NA

-5.99%

NA

EPS for the period

0.0035

0.0037

0.0036

0.0033

-4.37%

10.76%

EPS exclude Minority Interest for the period

0.0038

NA

0.0038

NA

0.00%

NA

NAV per share

0.1313

0.1318

0.1398

0.1386

-6.10%

-4.95%

NAValue per share exclude Minority Interest

0.1180

NA

0.1255

NA

-5.99%

NA