National Securities widens losses in Q1

Mubasher: The financial statements of National Securities showed an increase in losses for the first quarter of 2017 by 145.4% compared to the same period last year, according to a bourse filing.

The company said in a statement to the Muscat Securities Market (MSM) on Sunday that losses reached OMR 174,820 ($453,000) in Q1-17 compared to OMR 71,240 ($184,600) in Q1-16.

Operational revenues grew by 49% to OMR 28,730 up from OMR 19,280 in the same period last year.

Mubasher Contribution Time: 01-May-2017 20:11 (GMT)
Mubasher Last Update Time: 01-May-2017 20:11 (GMT)