Preliminary Summarized Un-Audited financial Results for the yaer ended 31 Dec. 2015

Description

2015

( Unaudited )

2014

(Audited )

Change%

Gross Premium Written

65,452,032

64,097,965

2.11

Net Underwriting results

7,638,427

9,341,473

(18.23)

Investment income (net)

2,964,974

1,606,846

84.52

Other income

1,686,213

1,740,091

(3.10)

General & administration expenses

(8,636,196)

(8,464,515)

2.03

Depreciation

(491,520)

(259,725)

89.25

Finance costs

(183,657)

(119,599)

53.56

Net Profit for the period ( after income  tax)

2,411,770

3,309,224

(27.12)

Muscat Exchange News Contribution Time: 16-Jan-2016 16:20 (GMT)