Unaudited Financial results for the year ended 31 December 2016

Al Maha Petroleum Products Marketing Company SAOG announces its initial unaudited financial results for the year ended 31 December 2016.

- - Jan - Dec 2016 Jan - Dec 2015 % Increase/ (Decrease)
- - (Unaudited) (Audited) -

Revenue

RO'000

402,836

349,414

15%

Other income

RO'000

1,930

1,961

(2%)

Cost of sales & operating expenses

RO'000

396,012

342,175

16%

Net profit after tax

RO'000

8,754

9,200

(5%)

Earnings per share  

RO

0.127

0.133

(5%)

The financial results reported above are initial, unaudited & subject to approval by the Audit Committee & the Board of Directors.

For Al Maha Petroleum Products Marketing Company SAOG

Hamdi El Sayed
General Manager-Finance
Muscat: 15 Jan 2017