Mubasher: National Aluminium Products (Napco) achieved a rise of 5.6% in profits to total OMR 208,000 ($538,300) in the fourth quarter of 2016 as compared to OMR 197,000 ($509,800) in the same period a year ago.
During the fiscal year, earnings shrank by 97.6% to OMR 19,000 from OMR 779,000 in the previous FY, according to a bourse statement issued on Monday.
Revenues decreased by 12.3% to reach OMR 22.85 million in FY16 from OMR 26.05 million in FY15.
