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Result of Meeting

24 Jul 2019 09:46

RNS Number : 5598G
Alexandria Mineral Oils Co. S.A.E.
24 July 2019
 

Please note that a meeting of the Board of Directors of the company was held on the following summary of the decisions issued:

-The Board approved the report of the Board of Directors and the annual (unaudited) financial statements of the company in 30/6/2019 and its complementary clarifications in order to be presented to the Company's auditors and auditors of the central auditing organization

-the Board also made some decisions that would conduct the company's normal operational work.

AMOC will provide the financial statements, annexes and complementary clarifications, as well as the report of the Board of directors, after having been audited by the company's auditor and by the Central Auditing organization and after issuing their report.

The company also acknowledges that this summary contains all the essential information that must be disclosed in accordance with the provisions of the Money Market Act, its implementing regulations, and the rules and decisions issued I accordance to them.

Current Year Financial Performance for Operational Activities Ended in 30-Jun-2019

(1) Financial Indicators:

(A) Income Statement Summary Results Ended in 30-Jun-2019 :

Current Year Figures 30-Jun-2019

Comparing Year Figures 30-Jun-2018

Percentage ofChange

Sales Revenue

14,664,153,301

14,033,219,799

4.5

Gross Profit

750,021,828

2,106,439,692

(64)

Gross Profit Margin

5%

15%

(10)

Net Profit Before Tax & Normal Operation

527,516,492

1,885,380,205

(72)

Net Profit Before Tax & Extra Ordinary Items

576,279,629

1,920,009,084

(70)

Net Profit After Tax

450,023,993

1,487,360,857

(70)

Earning Per share

0.31

1.03

(69)

(B) Balance Sheet Statement Summary Results Ended in 30-Jun-2019:

Current Year Figures 30-Jun-2019

Comparing Year Figures 30-Jun-2018

Percentage ofChange

Net Working Capital

1,876,870,336

2,681,536,038

(30)

Share Holder's Equity

2,858,896,022

3,660,358,115

(22)

Paid in Capital

1,291,500,000

1,291,500,000

0

Reserves

1,117,372,029

881,497,258

27

Profit Stage

0

0

0

Net Profit

450,023,993

1,487,360,857

(70)

(C ) Cash Flow Statement Summary Results Ended in 30-Jun-2019 :

Current Year Figures 30-Jun-2019

Comparing Year Figures 30-Jun-2018

Net Cash Flow From Operating Activities

3081826125

(19114860)

Net Cash Flow From Investing Activities

88195172

35850996

Net Cash Flow From Financing Activities

(256500699)

(866355702)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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