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Un-audited results for Quarter ended 30 Sep 2015

Un-audited results for Quarter ended 30 Sep 2015
Sohar International
BKSB
58.87% 0.22 0.08

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 Sep 2015 as follows:

                            (Amounts in OMR 000’s)

 

30 Sep 2015

30 Sep 2014

% age Growth

Total Assets

2,226,711

1,854,403

20.08%

Gross Loans & Advances

1,706,813

1,448,789

17.81%

Net Loans & Advances

1,670,256

1,419,249

17.69%

Deposits from Customers

1,564,916

1,340,997

16.70%

Total Shareholders’ Equity

243,927

190,248

28.22%

Operating Income

52,441

53,262

-1.54%

Operating Expense

24,788

22,872

-8.38%

Net Profit/(Loss) after Tax

21,292

23,749

-10.35%

Net profit /(loss)- conventional banking

20,896

23,987

-12.89%

Net profit /(loss)- Islamic banking

396

(238)

 

 

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.