News Details

Print| Email
Back

Company News

Initial Un-Audited Financial results for 6 months, 31-DEC-17
Jan 15, 2018 - 07:34AM Company : OMAN FLOUR MILLS
  The management of OFM is pleased to disclose the Group and Parent company un-audited initial financial results for the six months ended 31 December 2017 as follows:  
      Group   Parent Company  
      2017   2016   2017   2016  
      (Un-Audited)   (Un-Audited)   (Un-Audited)   (Un-Audited)
      RO '000   RO '000   RO '000   RO '000
                   
  Sales Revenue and other income            43,152          43,739            34,686          35,783
                   
  Total Expenses           (35,049)         (34,559)           (27,885)         (27,680)
                   
  Net Profit before tax              8,103            9,180              6,801            8,103
                   
  Tax expense             (1,122)           (1,012)             (1,024)              (966)
                   
  Net profit, after tax, for the period              6,981            8,168              5,777            7,137
                   
  Net profit margin   16.33%   18.78%   16.80%   20.02%
                   
                     
  Notes:                  
1. Current year tax expenses are estimated.  
2. The above results represent initial un-audited financial results and are subject to review by the Audit Committee and approval by the Board of Directors.  
3. Previous year un-audited figures are re-classified to conform to the changes in presentation in the current year where ever necessary.  
4. We will present the full financials on their approval in due course.