United Power Company SAOG announces its initial un-audited results for the 3-month period ended 31 March 2016.
Pursuant to Circular K/2/2016 on the Disclosure of Initial Quarterly Financial Results issued by the Capital Market Authority, United Power Company SAOG is pleased to disclose the following initial un-audited financial results for the 3-month period ended 31 March 2016
United Power Company SAOG
Initial un-audited financial results for 3 month period ended 31 March 2016
|March 2016 RO’000||March 2015 RO’000||Change RO’000||Change %|
|Profit after tax||174||271||(97)||-35.79|
The above reported numbers represent initial un-audited results and are subject to approval and confirmation by united Power Company SAOG Audit Committee and the Board of Directors.
Disclosure of the approved un-audited Financial Statements for the 3-month period ended 31 March 2016 shall be issued in accordance with the Executive Regulation of the Capital Market Law after the Board of Directors meeting of United Power Company SAOG to be held on April 29, 2016