National Finance profits rise 20% in Q4

Mubasher: National Finance’s initial un-audited financial results showed an increase of 20% in the company’s profits for the fourth quarter of fiscal 2016 to OMR 2.1 million ($5.44 million), compared to OMR 1.75 million ($4.53 million) for Q4-15.

Profits for fiscal 2016 reached OMR 6.35 million, 5.5% up from OMR 6.02 million for 2015, according to a bourse filing released on Sunday.

The stock stood at OMR 0.131 by 12:34am Muscat time.

Mubasher Contribution Time: 15-Jan-2017 09:43 (GMT)
Mubasher Last Update Time: 15-Jan-2017 09:43 (GMT)