Initial Unaudited Financial Results for the period ended 31 March 2025.
The Management of Phoenix Power Company SAOG (the “Company”) is pleased to disclose the following initial un-audited financial results for the period ended 31 March 2025 and a comparison with the same period of the preceding calendar year.
|
|
2025 |
2024 |
Percentage Change |
|
RO’000 |
RO’000 |
||
|
Unaudited |
unaudited |
|
|
|
Operating revenue |
27,083 |
25,498 |
6.22% |
|
Operating costs |
(26,669) |
(25,902) |
-2.96% |
|
Operating profit / (Loss) |
414 |
(404) |
202.41% |
|
General and administrative expenses |
(429) |
(399) |
-7.45% |
|
Finance costs |
(2,091) |
(2,605) |
19.75% |
|
Profit / (Loss) before tax |
(2,106) |
(3,408) |
38.22% |
|
Tax expense |
(1,023) |
(907) |
-12.76% |
|
Net Profit / (Loss) |
(3,128) |
(4,315) |
27.50% |
The above reported numbers represent initial unaudited financial results and are subject to approval and confirmation by the Company’s Audit Committee and Board of Directors.
_________________________
Ahmed Al Abri
Chief Financial Officer / Disclosure Officer