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Gulf Navigation Holding PJSC Earnings Release 2011

Feb 14, 2011

66367_rns_2011-02-14_d74363a0-b3d9-4e83-b779-588b591b1bbb.pdf

Earnings Release

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الخليج للملاحة القابضة ( ش.م.ع)
Gulf Navigation Holding PJSC
32nd Floor Saba Tower 1, # 3201, Jumeirah Lake Towers Sheikh Zayed Road, P.O. Box: 49651, Dubai, United Arab Emirates Tel.: +971 4 427 0104, Fax: +971 4 427 0102, Website: www.gulfnav.com

Preliminary Results of Public Joint Shareholders Company (Final Result Brief)

First - General Information:

Name of the Company : Gulf Navigation Holding PJSC
Date Establishment : October 2006 as PJSC (March 2003 as LLC)
Paid up Capital AED 1,655,000,000
Subscribed Capital AED 1,655,000,000
Authorised Capital AED 1,655,000,000
$\dddot{\cdot}$
Chairman of the Board : Engr. Abdullah Al Shuraim
Chief Executive Officer : Mr. Per Wistoft Kristainsen
Name of the External Auditor : KPMG
Mailing Address : P.O. Box 49651, Dubai, UAE
Telephone $: 04 - 4270104$
Fax $: 04 - 4270102$
E-mail Address : [email protected]$
[email protected]

Engr. Abdullah Al Shuraim Chairman of the Board Gulf Navigation Holding PJSC

Gulf Navigation Holding PJSC 32nd Floor Saba Tower 1, # 3201, Jumeirah Lake Towers Sheikh Zayed Road, P.O. Box: 49651, Dubai, United Arab Emirates Tel.: +971 4 427 0104, Fax: +971 4 427 0102, Website: www.gulfnav.com

الخليج للملاحة القابضة ( ش.م.ع)

Preliminary Results of Public Joint Shareholders Company (Final Result Brief)

Second - Preliminary Results (000 AED):

2010 2009
1 Total Assets $\bullet$
$\blacksquare$
2,410,018 2,934,445
2 Shareholders Equity 1,349,971 1,683,304
3 Total Operating Income $\bullet$ 312,976 338,163
4 Income from Islamic
Financing & Investing Assets
$\bullet$ 9,515 28,536
5 Net Profit (loss) for the period (236,772) 26,546
6 Earnings per Share (AED 0.143) AED 0.016

Engr. Abdullah Al Shuraim Chairman of the Board Gulf Navigation Holding PJSC