Majan College’s annual profits jump to $5.57m

Mubasher: Oman-based Majan College reported a net profit of OMR 2.15 million ($5.57 million) in the fiscal year ended 31 August as compared to OMR 1.59 million ($4.12 million) in the same period of 2014, an increase of 35.2%.

Total revenues amounted to OMR 6.25 million for the period, compared to OMR 5.55 million in last year, a rise of 12.6%.

Total expense reached OMR 4.32 million in the fiscal year ended 31 August, compared to OMR 3.87 million in the corresponding period of 2014, registering growth of 11.6%.

Mubasher Contribution Time: 28-Sep-2015 06:16 (GMT)