Initial Unaudited Financial Results for the period ended 30 June 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 30 June 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 |
83,707 |
79,953 |
4.70% |
|
Operating costs |
(64,105) |
(61,786) |
-3.75% |
|
Operating profit / (Loss) |
19,602 |
18,167 |
7.90% |
|
General and administrative expenses |
(841) |
(773) |
-8.83% |
|
Finance costs |
(4,222) |
(5,191) |
18.66% |
|
Profit / (Loss) before tax |
14,538 |
12,203 |
19.13% |
|
Tax expense |
(2,270) |
(1,849) |
-22.79% |
|
Net Profit / (Loss) |
12,267 |
10,354 |
18.48% |
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