Construction Material Industry trims losses by 95% in H1

Mubasher: Construction Material Industry’s losses plunged by 95.26% to OMR 31,090 ($34,000) in the first nine months of 2015, compared to OMR 255,360 ($665,000) in the same period of 2014, according to a bourse filing.

Total income declined to OMR 1.69 million as at 30 September 2015 from OMR 1.86 million in the same period of 2014

The company reported profits of OMR 31,930 ($82,500) in the first half of 2015, against losses of OMR 221,570 ($572,200) in H1-14.

Mubasher Contribution Time: 26-Oct-2015 07:45 (GMT)