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Initial unaudited results for the first quarter ended 31st March 2017
Apr 12, 2017 - 04:15PM 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 3 months ended 31st March 2017 as below:        

  31/Mar/17 31/Mar/16 % age change 
  Group Parent Group Parent Group Parent
             
Revenue     2,116,056             -      2,439,218            -   -13%         -  
Operating Expenses  (1,838,936)    (66,331)  (2,061,366)   (61,254) -11% 8%
Operating Profit/ (Loss)       277,120    (66,331)       377,852   (61,254) -27% 8%
Profit from Investments       137,847   426,914       208,667   594,824 -34% -28%
Profit  before tax       414,967   360,583       586,519   533,570 -29% -32%
Tax        (51,495)             -         (49,080)            -   5%         -  
Profit  after tax       363,472   360,583       537,439   533,570 -32% -32%
Basic earning per share           0.003           0.003           0.005       0.005 -32% -32%
Book value per share 0.201 0.200 0.199 0.198 1% 1%

 Please note :

The above results are initial and un-audited  and subject to review  and  approval of Audit Committee and Board of Directors.