Al Anwar Ceramic’s 2015 profit plummets 32%

Mubasher: Al Anwar Ceramic Tiles Company on Thursday said it suffered a drop of 32.2% year-on-year in net profit for 2015.

Profit reached OMR 6.6 million last year, versus OMR 9.76 million in 2014, according to the company’s financial statements.

Total earnings dipped by 4.6% OMR 27.5 million, compared to OMR 28.86 million a year earlier.

In the first nine months of 2015, the company earlier reported net profit of OMR 5.33 million, versus OMR 6.75 million in the same period of 2014.

The company’s share is traded in the Muscat Securities Market at OMR 0.28.

Mubasher Contribution Time: 28-Jan-2016 06:58 (GMT)