Ubar Hotels and Resorts SAOG announced unaudited parent and group earnings results for the full year of 2015. For the year, the parent company reported revenues of OMR 2,080,030 compared with OMR 2,460,368 for the same period a year ago. Operating profit was OMR 366,763 compared with OMR 590,681 for the same period a year ago. Profit before tax was OMR 364,171 compared with OMR 585,124 for the same period a year ago. Profit attributable to equity holders of the company was OMR 325,534 or OMR 0.006 per basic and diluted share compared with OMR 510,191 or OMR 0.010per basic and diluted share for the same period a year ago.

For the year, the group reported revenues of OMR 5,654,960 compared with OMR 6,241,425 for the same period a year ago. Operating profit was OMR 1,329,201 compared with OMR 1,780,202 for the same period a year ago. Profit before tax was OMR 1,006,340 compared with OMR 1,399,443 for the same period a year ago. Profit attributable to equity holders of the company was OMR 894,910 or OMR 0.018 per basic and diluted share compared with OMR 1,190,270 or OMR 0.024 per basic and diluted share for the same period a year ago.