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Initial un-audited financial results for the year ended 31 December 2017
Jan 15, 2018 - 03:30PM Company : AL JAZEERA SERVICES

In compliance with the regulatory requirements,  the Management  of Al Jazeira Services Co. SAOG  is pleased to announce the initial unaudited results for the year ended 31 December 2017 as below:

 

31/Dec/17

31/Dec/16

% age change

 

Group

Parent

Group

Parent

Group

Parent

Revenue

7,950,962

-

9,175,721

-

-13%

0

Operating Expenses

(6,863,947)

(258,954)

(7,914,693)

(251,017)

-13%

3%

Operating Profit(loss)

1,087,015

(258,954)

1,261,028

(251,017)

-14%

3%

Gain from Investments

700,238

1,833,135

522,418

1,844,655

34%

-1%

Profit  before tax

1,787,253

1,574,181

1,783,446

1,593,638

0%

-1%

Tax

(201,838)

-

(142,019)

34,546

42%

-

Profit  after tax

1,585,416

1,574,181

1,641,427

1,628,184

-3%

-3%

Basic earnings per share

0.014

0.014

0.015

0.015

-3%

-3%

Book value per share

0.213

0.211

0.213

0.212

0%

0%

 Please note that:

 The above results are preliminary and subject to audit and review and approval of Audit Committee and Board of Directors.