Oman Education Holding’s quarterly earnings fall to OMR 346,630

Mubasher: Oman Education and Training Investment Holding Company reported on Tuesday a fall in net profit in the first quarter this year to OMR 346,630 versus OMR 417,330 last year.

Gross income hit OMR 3.68 million for the quarter ended in 30 November, against OMR 3.36 million in the same period a year ago.

The company earlier approved in an extraordinary general meeting a proposal to pay 15% cash dividends of the adjusted capital, with 15 Baisa per share.

The Muscat-listed company’s profit in the fiscal year ended in 31 August 2015 reached about OMR 1.3 million, compared to around OMR 943,800 in the same period of 2014.  

Mubasher Contribution Time: 15-Dec-2015 07:23 (GMT)