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.
|
Particulars
|
2007
|
2006
|
Change%
|
|
Total Income
|
3,718,671
|
2,309,592
|
61.00
|
|
Total Expenses
|
1,090,249
|
1,396,782
|
(21.95)
|
|
Net Profit After Income Tax
|
2,462,903
|
780,499
|
215.55
|
|
Earning Per Share EPS (Baizas)
|
0.308
|
0.111
|
177.47
|
|
Net Asset
|
14,116,436
|
10,979,649
|
28.57
|
|
Net Asset Value Per Share
|
1.765
|
1.569
|
12.49
|
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