Unaudited financial statements for Muscat National Holding for the
fiscal year (FY) ending December 31, 2014, revealed a plunge in profit
by 74% to OMR 132.4 THD ($345.1 THD) against OMR 513.2 THD ($1.34
million) during the same period of 2013.
The Company’s
written premiums fell to OMR 10.5 THD during the period compared to
OMR 11.6 THD.
It is worth noting that the Company had
reported a profit surge by 130% during the first nine months of the
year, ending September 30, 2014 to OMR 894.7 THD.
