Mubasher: Oman and Emirates Investment Holding (OEIO) turned profitable in the fourth quarter of 2016, according to a bourse filing.
Net profits achieved profits of OMR 21,000 ($54,400) in Q4-16, against losses of OMR 2.07 million ($5.4 million) in Q4-15.
The company’s net profits reached OMR 2.73 million in 2016, against losses of OMR 3.57 million in 2015.
