Mubasher: Al Batinah Development and Investment Holding posted higher earnings in the six-month period ended on 30 June 2016, according to a bourse filing.
The unaudited financial results revealed that its earnings after tax rose 41% year-over-year to OMR 275,900 from OMR 194,900.
For revenues during the same period, the company saw a slide of 14% to OMR 349,200 compared to OMR 404,800 for the year-ago period.
In the first quarter of FY15/16, the company’s profits fell 33.24% to OMR 124,730.
