Oman’s Financial Services Co. turns to losses in 2015

Mubasher: Oman’s Financial Services Company reported on Wednesday a net loss of OMR 281,230 in fiscal year 2011/15, versus a profit of OMR 190,000 in 2014.

Total revenues fell 49.3% to OMR 471,660 in 2015, compared to OMR 929,700 in 2014, according to the company’s financial statements.

The company earlier reported a net loss of OMR 17,150 in the first half of 2015.

 

Mubasher Contribution Time: 13-Jan-2016 09:42 (GMT)