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Un-audited results for Quarter ended 30 June 2015

Un-audited results for Quarter ended 30 June 2015
Sohar International
BKSB
65.25% 0.23 0.09

In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority vide their administrative decision No. 5/2007 dated 27th June 2007, Bank Sohar wishes to announce its initial un-audited results for the period ended 30 June 2015 as follows:

                            (Amounts in OMR 000’s)

 

30 June 2015

30 June 2014

% age Growth

Total Assets

2,085,282

1,899,958

9.75%

Gross Loans & Advances

1,619,790

1,399,724

15.72%

Net Loans & Advances

1,584,699

1,371,968

15.51%

Deposits from Customers

1,566,593

1,350,855

15.97%

Total Shareholders’ Equity

241,588

181,848

32.85%

Operating Income

34,301

35,267

-2.74%

Operating Expense

16,080

14,982

7.33%

Net Profit/(Loss) after Tax

13,873

16,153

-14.12%

Net profit /(loss)- conventional banking

13,570

16,263

-16.56%

Net profit /(loss)- Islamic banking

303

(110)

 

 

Please note that the above results are:

  1. Un-Audited
  2. Subject to approval of the Board of Directors

The bank shall publish the detailed results once it is approved by the Board of Directors.