Company News
A'Sharqiya Investment Holding Company : Preliminary Unaudited Results for Fiscal 2007
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Feb 10, 2008
- 06:38 PM
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Company Name:
AL SHARQIA INV. HOLDING
In compliance with Article (3) of Disclosure Rules issued by CMA, The Management of A'Sharqiya Investment Holding Company (SAOG), is pleased to disclose the preliminary summarized un-audited consolidated results for the year ended 31 December 2007 as following:
Values in RO.
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Particulars
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2007
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2006
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Change%
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Total Income
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3,718,671
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2,309,592
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61.00
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Total Expenses
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1,090,249
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1,396,782
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(21.95)
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Net Profit After Income Tax
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2,462,903
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780,499
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215.55
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Earning Per Share EPS (Baizas)
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0.308
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0.111
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177.47
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Net Asset
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14,116,436
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10,979,649
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28.57
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Net Asset Value Per Share
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1.765
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1.569
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12.49
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Notes:
- Theses results are preliminary and subject to review and approval of Audit Committee, Board of Directors and statutory auditors.
- For the year 2007, the EPS and NAV is calculated based on the outstanding number of shares of 8 million shares, whereas for the year 2006, was based on outstanding number of shares of 7 million shares.
Comparatives for 2006, are extracted from the audited results
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