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Aram Group Regulatory Filings 2017
66516_rns_2017-02-08_23f72996-f0f2-4997-a979-6250a08564ba.pdf
Regulatory Filings
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سنسركة مجرم بن الشب الآن من ج
Issuance & Disclosure Department
Preliminary Results of Sharjah Group Company PSC
(Final Result Brief for the period ended 31stDecember, 2016)
First- General Information:
| Name of Company: | Sharjah Group Company PSC | |
|---|---|---|
| Date of Establishment: | 16 Th November, 1976 | |
| Paid Up Capital: | AED 78,901,086 | |
| Subscribed Capital: | AED 78,901,086 | |
| Authorized Capital: | AED 78,901,086 | |
| Chairman of the Board: | Ziyad Mahmoud Khairullah Al Haji | |
| Managing Director: | Mohammed Abdullah Al Wazzan | |
| Name of External Auditor: | Grant Thornton | |
| Mailing Address: | P O Box 5440, Sharjah, UAE | |
| Tel No: | 06 55 65 570 | |
| Fax No: | 06 55 65 572 | |
| E-Mail: | [email protected] $\mathbf{r}$ $\overline{\phantom{a}}$ |
E-mail: [email protected]
Second - Primary Results ('000 AED)
| SI No | Description | 31.12.16 | 31.12.15 |
|---|---|---|---|
| 1. | Total Assets | 264,366 | 251,362 |
| 2. | Shareholders' Equity | 171,179 | 157,872 |
| 3. | Revenues | 15,182 | 14,256 |
| 4. | Gross Profit | 26,223 | 22,070 |
| 5. | Net Profit for the period | 19,661 | 15,343 |
| 6. | Earnings per Share | 24.92 Fils | 19.45 Fils |
| 7. | Summary of the Company's performance for the fiscal year: -Total assets have increased by 5.17 % in 2016 compared to 2015. -Equity has increased by 8.43 % in 2016 compared to 2015. -Revenues have increased by 6.5 % in 2016 compared to 2015. -Net profit increased by 28.14% & Earning per share increased by 28.12% in 2016 compared to 2015 |
Ziyad Mahmoud Khairullah Al Haji
Chairman
Prepared by: K. Thomas Alexander
Chief Accountant