Mubasher: Oman Euro Foods Industries’ losses for the third quarter of the fiscal year 2016 worsened by 4% to OMR 53,000 ($137,170) in Q3-16, versus OMR 51,000 ($131,990) for Q3-15, according to a bourse filing released on Tuesday.
In the first nine months of the year, net losses after tax shrank 38.7% to OMR 92,000 from OMR 150,000 for the same period of 2015.
Total revenues reached OMR 1.32 million in the nine-month period, 8.3% down from OMR 1.44 million for the same period last year.
The company earlier posted a net loss of OMR 39,000 for the first half of 2016, compared to OMR 99,000 for H1-15.
