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

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