Un audited accounts for the nine months ended 30th.Sept.2008
Date Posted
: 16/10/2008
Source
: RCC
With reference to the disclosures rules approved by the Board of Directors of Capital Market Authority and in compliance with the disclosure and transparency principle, kindly be informed that the Audit Committee and Board of Directors of the Company reviewed and approved the un-audited accounts for the nine months ended 30th.Sept. 2008.
As disclosed in the accounts, the Company achieved total sales of RO.65.684 million for the nine months ended 30th.Sept. 2008 as against RO.43.339 million for the corresponding period of last year an increase of 51.3% and net profit before tax for the nine months ended 30th.Sept. 2008 of RO 26.135 million as against RO 19.691 million for the corresponding period of last year an increase of 32.7%.
The financial statements uploaded to the electronic system at MSM website .
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