The Board of Directors of The Financial Corporation Co. SAOG has approved the consolidated Audited financial statements for the financial year ended 31 March 2015, in their meeting held on 7 May 2015. A brief summary of the financial results for the year is given below. The full financial statement will be uploaded in MSM website shortly.
PARTICULARS |
Year ended 31 March 2015 (RIAL) |
Year ended 31 March 2014 (RIAL) |
Variance% |
Total Income |
956,406 |
2,280,324 |
(58) |
Expenses |
(905,849) |
(1,116,608) |
19 |
Operating (Loss)/Profit |
50,557 |
1,163,716 |
(96) |
Share of (Loss)/Profit from associate |
(269,987) |
378,957 |
(171) |
Change in fair value of investment property |
(25,000) |
(36,362) |
31 |
Net (Loss)/Profit before taxes |
(244,430) |
1,542,673 |
(116) |
Taxation |
(14,373) |
(104,796) |
86 |
Net (Loss)/Profit after taxes |
(258,803) |
1,437,877 |
(118) |
Other comprehensive income |
(26,952) |
33,122 |
(181) |
Total comprehensive income |
(285,755) |
1,470,999 |
(119) |
Earnings per share (RO) |
(0.004) |
0.021 |
(119) |