Financial Results – For the Year Ended

Key Financials

2017

2016

% Change

Operating Revenues

125,321,575

80,117,093

56%

Gain on sale of investments – net

56,071,180

2,618,208

2042%

Administrative and general expenses

129,290,090

88,603,220

46%

Operating Profit/(Loss)

52,102,665

-5,867,919

Other income – net

1,519,101

1,385,632

10%

Income on Margin Finance

307,166

–

Financial charges

9,469,599

840,120

1027%

Gain/(Loss) on re-measurement of investments carried at fair value through profit and loss account – net

907,705

-600,930

51%

Profit/(Loss) before Taxation

45,367,038

-5,923,337

Taxation

8,464,291

3,750,209

126%

Profit/(Loss) after Taxation

36,902,747

-9,673,546

Other Comprehensive Income

27,132,392

–

Total Comprehensive Income/(loss) for the year

64,035,139

-9,673,546

Earnings/(loss) per share – basic and diluted

1.84

(0.48)