Al Mazaya Holding Co (K.S.C) a leading property firm in the region, signed a contribution contract with “Oman Construction” to share in a real estate investment portfolio in Oman with a capital of OMR 3.1 million. Al Mazaya’s share is 40% while 12% is for Oman Construction and 12% for “Mina” real estate company. The remainder of the percentage is submitted for IPO from a chosen group of investors and real estate companies.
Al Mazaya Financial results for the first Quarter of 2016 ended 31/03/2016
We would like to inform you that Al Mazaya Holding Co. K.S.C.P board of directors has met today Monday 25th April, 2016, andapproved the financial statements for the First Quarter ended 31/3/2016 according to the following:
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| الفترة المالية المنتهية في
31/03/2015 دولار امريكي For the period ended |
الفترة المالية المنتهية في
31/03/2016 دولار امريكي For the period ended |
البند
Item |
| 31/03/2015 | 31/03/2016 | |
| Amount in USD | Amount in USD | |
| 5,731,611 | 6,162,293 | الربح
Net Profit |
| 0.93 | 0.99 | ربح السهم– (سنت أمريكي)
EPS – Cent |
| 409,483,964 | 320,101,822 | إجمالي الموجودات المتداولة
Total Current Assets |
| 872,952,878 | 801,955,422 | إجمالي الموجودات
Total Assets |
| 330,407,253 | 192,105,622 | إجمالي المطلوبات المتداولة
Total Current Liabilities |
| 517,804,639 | 432,705,410 | إجمالي المطلوبات
Total Liabilities |
| 331,233,269 | 369,237,512 | إجمالي حقوق الملكية
Total Equity |
Knowing that the net profit includes:
Revenues from related parties’ transactions USD 3,925,721
Expenses resulted from related parties’ transactions USD Nil
2-Qualification or emphasis of matters on audit report:
There are no qualifications or emphasis of matters included in the auditors’report.
