Mubasher: Packaging Company Limited’s unaudited financial statements showed a 10.4% year-on-year rise in its net profit for the third quarter of the fiscal year 2016.
Net profit reached OMR 159,170 ($411,890) in Q3-16, versus OMR 144,210 ($373,180) for Q3-15, according to a bourse filing released on Monday.
Also, net profit for the first nine months of 2016 grew 87.9% to OMR 705,670, compared to OMR 375,510 for the same period of 2015.
Total revenues increased in the January-September period by 12.2% to OMR 6.71% from 5.98 million for the same period of the previous year.
The company earlier posted a net profit of OMR 546,500 for the first half of 2016, compared to OMR 231,300 for H1-15.
