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Unaudited Financial Results for the 3rd Quarter 2017
Oct 10, 2017 - 05:13PM Company : MUSCAT FINANCE

After Compliments,

       

The initial un-audited, unapproved financials of the Company for the period ending 30 SEPT 2017 are as follows:
                                                                   

 
         

 

                            Amount in RO ‘000

 

 

30-Sep-17

30-Sep-16

Growth

 

Net Investment in Finance Debtors

143,092

151,487

-6%

 

Net Equity

38,806

36,681

6%

 

Gross Income

9,943

10,777

-8%

 

Interest expense

2,910

2,976

-2%

 

Net Operating Income

7,033

7,801

-10%

 

Other Expenses

2,563

2,493

3%

 

Operating Profit

4,470

5,308

-16%

 

Provisions

817

1,063

-23%

 

Net Profit before tax

3,653

4,245

-14%

 

Net Profit after tax

3,078

3,449

-11%

 
         

The results are unaudited and subject to approval of the Audit Committee and the Board of Directors

 
 
         

Best Regards,

       
         

Mohammed Dohadwala

       

Acting Chief Executive Officer