Pursuant to Article (3) in Chapter 2 of Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading issued by the Capital Markets Authority, Salalah Beach Resort S.A.O.G is pleased to disclose the following initial annual unaudited results for the year ended 31st December 2014:
Description | 2014 (Unaudited) RO ('000) | 2013 (Audited) RO ('000) |
Total Revenue | 3,755 | 3,848 |
Total Expense | (2,884) | (2,820) |
Profit before Taxation | 871 | 1,028 |
Income Tax | (78) | (120) |
Net Profit for the year | 793 | 908 |
Note:
These results are initial and unaudited, subject to the review and approval of the Audit Committee, Board of Directors and the Shareholders of the Company. AGM will be held on 12th March 2015.