Al-Maha Petroleum H1 profits down to $13.5m

Al Maha Petroleum Products Marketing’ board meeting, held on 27 July, approved the unaudited financial statements of the first half from January to June, 2015.

The Omani company recorded a decline of 7.6% to OMR 5.206 million ($13.5 million) in earnings of H1-2015 as compared to OMR 5.644 million ($14.6 million) in the same period of 2014.

Al-Maha’s registered OMR 173.321 million revenues in the first half of 2015, compared to OMR 174.773 million in H1-14.
 

 

Mubasher Contribution Time: 28-Jul-2015 06:00 (GMT)