OMINVEST
INITIAL QUARTERLY FINANCIAL RESULTS FOR THE GROUP AND PARENT COMPANY FOR THE NINE MONTH PERIOD ENDED 30TH OF SEPTEMBER 2015
In compliance with current regulatory requirements, Oman International Development and Investment Company SAOG (Ominvest) is pleased to report initial quarterly financial results for the nine month period ended 30th of September 2015.
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Group |
% |
Parent Company |
% |
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2015 |
2014 |
Change |
2015 |
2014 |
Change |
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- - - - RO ’000 - - - - |
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- - - - RO ’000 - - - - |
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Total income |
89,058 |
68,230 |
31% |
16,721 |
9,944 |
68% |
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Total expenses |
(60,950) |
(44,440) |
37% |
(3,834) |
(1,972) |
94% |
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Profit for the period |
28,108 |
23,790 |
18% |
12,887 |
7,972 |
62% |
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Profit attributable to: |
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- Shareholders of Ominvest |
17,765 |
13,388 |
33% |
12,887 |
7,972 |
62% |
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- Non-controlling interest |
10,343 |
10,402 |
-1% |
- |
- |
- |
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Please note:
1. Comparatives for 2014 are extracts from the unaudited results.
2. Group results incorporate the unaudited results of subsidiaries and associates. These results are subject to subsidiaries and associates Boards’ approval.
3. Unaudited Group and Parent Company quarterly financial statements will be submitted in compliance with the current regulations.
4. As per the merger between Ominvest and Onic Holding; the initial quarterly financial results incorporate the financials of the merged entity from the merger approval date on the 19th of August 2015.
These initial quarterly financial results are subject to review by the Audit Committee and approval by the Board of Directors of Ominvest.
