Mubasher: Oman Fisheries on Thursday announced dumping 25 expired metric tonnes (MT) of fish stock, which had been isolated from the stock designated for distribution and sale.
The dumping occurred after an inspection by the Public Authority for Consumer Protection, Ministry of Agriculture and Fisheries, and Municipality; however, the stock was already quarantined and its dumping approved in the fiscal year ended 31 March 2017, according to the company’s statement to the Muscat Securities Market (MSM).
The quantity was separated to ensure that it will not be traded inside or outside Oman.
The Omani company’s profits had surged to OMR 833,220 in 2016 from OMR 23,300 in 2015.