VOLTAMP ENERGY SAOG Interim Report for the period ended 30th June, 2020 VOLTAMP 6 months Quarter Quarter ended ended 30th June 2020 RO Unaudited condensed interim consolidated statement of Notes 6 months ended 30th June 2019 comprehensive income 30th June ended 30th 2019 June 2020 RO RO RO Revenue 7,531,090 8,873,914 17,475,118 18,925,430 Cost of sales 9 (6,612,777) (7,753,915) (14,718,833) (16,371,166) Gross profit 918,313 1,119,999 2,756,285 2,554,264 Other income 20 54,361 86,732 54,830 108,632 Selling, administrative and general expenses 8 (1,117,000) (1,076,391) (2,211,699) (2,099,934) Impairment (loss) / reversal on trade receivables (55,920) 31,136 (139,119) (50,779) Profit from operations (200,246) 161,476 460,297 512,183 Finance income 972 486 1,619 934 Finance cost (215,802) (163,434) (468,907) (340,182) Profit / (Loss) for the period before taxation (415,076) (1,472) (6,991) 172,935 Тахation 14 123,225 22,712 107,940 (22,113) Profit/(Loss) for the period after taxation (291,851) 21,240 100,949 150,822 Basic earnings per share 17 0.001 0.002 Net Income attributable to : Equity holders of the Parents Non controlling interest (28,621) 129,570 Other comprehensive income Items that will not be reclassified to profit or loss Investments at FVOCI - net change in fair value 16,516 (181,682) (115,616) (412,913) Total comprehensive (lossyincome for the period, (275,335) (160,442) (14,667) (262,091) net of tax
VOLTAMP ENERGY SAOG Interim Report for the period ended 30th June, 2020 VOLTAMP 6 months Quarter Quarter ended ended 30th June 2020 RO Unaudited condensed interim consolidated statement of Notes 6 months ended 30th June 2019 comprehensive income 30th June ended 30th 2019 June 2020 RO RO RO Revenue 7,531,090 8,873,914 17,475,118 18,925,430 Cost of sales 9 (6,612,777) (7,753,915) (14,718,833) (16,371,166) Gross profit 918,313 1,119,999 2,756,285 2,554,264 Other income 20 54,361 86,732 54,830 108,632 Selling, administrative and general expenses 8 (1,117,000) (1,076,391) (2,211,699) (2,099,934) Impairment (loss) / reversal on trade receivables (55,920) 31,136 (139,119) (50,779) Profit from operations (200,246) 161,476 460,297 512,183 Finance income 972 486 1,619 934 Finance cost (215,802) (163,434) (468,907) (340,182) Profit / (Loss) for the period before taxation (415,076) (1,472) (6,991) 172,935 Тахation 14 123,225 22,712 107,940 (22,113) Profit/(Loss) for the period after taxation (291,851) 21,240 100,949 150,822 Basic earnings per share 17 0.001 0.002 Net Income attributable to : Equity holders of the Parents Non controlling interest (28,621) 129,570 Other comprehensive income Items that will not be reclassified to profit or loss Investments at FVOCI - net change in fair value 16,516 (181,682) (115,616) (412,913) Total comprehensive (lossyincome for the period, (275,335) (160,442) (14,667) (262,091) net of tax
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Calculate the gross profit ratio and net profit ratio?
![VOLTAMP ENERGY SAOG
Interim Report for the period ended 30th June, 2020
VƏLTAMP
Quarter Quarter ended
30th June
6 months
ended 30th
Unaudited condensed interim consolidated statement of Notes
6 months
comprehensive income
ended 30th
ended 30th
2019
June 2019
June 2020
RO
June 2020
RO
RO
RO
Revenue
7,531,090
8,873,914
17,475,118
18,925,430
Cost of sales
9
(6,612,777)
(7,753,915)
(14,718,833)
(16,371,166)
Gross profit
918,313
1,119,999
2,756,285
2,554,264
Other income
20
54,361
86,732
54,830
108,632
Selling, administrative and general expenses
8
(1,117,000)
(1,076,391)
(2,211,699)
(2,099,934)
Impairment (loss) / reversal on trade receivables
6
(55,920)
31,136
(139,119)
(50,779)
Profit from operations
(200,246)
161,476
460,297
512,183
Finance income
972
486
1,619
934
Finance cost
(215,802)
(163,434)
(468,907)
(340,182)
Profit / (Loss) for the period before taxation
(415,076)
(1,472)
(6,991)
172,935
Тахation
14
123,225
22,712
107,940
(22,113)
Profit/(Loss) for the period after taxation
(291,851)
21,240
100,949
150,822
Basic earnings per share
17
0.001
0.002
Net Income attributable to :
Equity holders of the Parents
Non controlling interest
(28,621)
129,570
Other comprehensive income
Items that will not be reclassified to profit or loss
Investments at FVOCI - net change in fair value
16,516
(181,682)
(115,616)
(412,913)
Total comprehensive (loss)/income for the period,
net of tax
(275,335)
(160,442)
(14,667)
(262,091)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0b669d8b-05fb-47f9-84c0-2a7890a75082%2F5c32ff06-25b0-41c3-9789-b168cefde147%2F8hxujuj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:VOLTAMP ENERGY SAOG
Interim Report for the period ended 30th June, 2020
VƏLTAMP
Quarter Quarter ended
30th June
6 months
ended 30th
Unaudited condensed interim consolidated statement of Notes
6 months
comprehensive income
ended 30th
ended 30th
2019
June 2019
June 2020
RO
June 2020
RO
RO
RO
Revenue
7,531,090
8,873,914
17,475,118
18,925,430
Cost of sales
9
(6,612,777)
(7,753,915)
(14,718,833)
(16,371,166)
Gross profit
918,313
1,119,999
2,756,285
2,554,264
Other income
20
54,361
86,732
54,830
108,632
Selling, administrative and general expenses
8
(1,117,000)
(1,076,391)
(2,211,699)
(2,099,934)
Impairment (loss) / reversal on trade receivables
6
(55,920)
31,136
(139,119)
(50,779)
Profit from operations
(200,246)
161,476
460,297
512,183
Finance income
972
486
1,619
934
Finance cost
(215,802)
(163,434)
(468,907)
(340,182)
Profit / (Loss) for the period before taxation
(415,076)
(1,472)
(6,991)
172,935
Тахation
14
123,225
22,712
107,940
(22,113)
Profit/(Loss) for the period after taxation
(291,851)
21,240
100,949
150,822
Basic earnings per share
17
0.001
0.002
Net Income attributable to :
Equity holders of the Parents
Non controlling interest
(28,621)
129,570
Other comprehensive income
Items that will not be reclassified to profit or loss
Investments at FVOCI - net change in fair value
16,516
(181,682)
(115,616)
(412,913)
Total comprehensive (loss)/income for the period,
net of tax
(275,335)
(160,442)
(14,667)
(262,091)
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