Mubasher: United Power Company reported a 5% profit increase to OMR 1.07 million ($2.77 million) in the fiscal year 2014/15, compared to OMR 1.02 million ($2.64 million) a year earlier.
Total revenues rose 5.3% to OMR 10.93 million during the period, up from OMR 10.38 million, according to a bourse filing by the Omani joint stock company.
Meanwhile, operating costs grew 5.5% to OMR 9.62 million, compared to OMR 9.12 million.