Muscat – Mubasher: Dhofar Insurance posted a 99.93% fall in net profits for the first quarter of 2015 to OMR 1,131 ($2,900), compared with OMR 1.660 million ($4.3 million) in the same period a year earlier.
The company’s FY14 net profit had amounted to OMR 3.31 million, a decline of 29% year-on-year.
