Oman’s Financial Services’ Q1 profit declines 4.6%

Mubasher: Financial Services Company reported on Sunday a 4.6% fall in net profit of the first quarter of 2016, according to a bourse filing.

Net profit reached OMR 19,000 ($49,170) in Q1-16, compared to OMR 19,920 ($51,550) in the same period of 2015.

The Muscat listed company earlier reported net losses of OMR 281,230 ($74,993) in 2015, against a net profit of OMR 190,000 ($50,665) in 2014.

Mubasher Contribution Time: 10-Apr-2016 10:18 (GMT)
Mubasher Last Update Time: 10-Apr-2016 10:18 (GMT)