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