Mubasher: Dhofar International Development and Investment Holding’s initial unaudited group results showed a fall of 47.9% in profits for the fourth quarter of the fiscal year 2016 to OMR 3.95 million ($10.22 million), compared to OMR 7.58 million ($19.62 million) for Q4-15.
Net profit after tax for the fiscal year 2016 declined 9.7% to OMR 9.52 million from OMR 10.54 million for fiscal 2015, according to a bourse filing released on Tuesday.
Total revenues amounted to OMR 6.45 million in fiscal 2016, 2.88% up from OMR 6.27 million for fiscal 2015.
