Sahara Hospitality annual profit rises 26.7%

Mubasher: Sahara Hospitality posted on Tuesday a 26.7% rise in net profit of the fiscal year ended 30 November 2015 compared to figures from last year.

Net profit after tax reached OMR 2.533 million this year, versus OMR 1.999 million last year.

Total revenues also climbed in for the year to OMR 12.2 million, compared to OMR 12 million a year ago.

The Muscat-listed company earlier reported a net profit of about OMR 1.84 million in the first nine months of 2015, a 33.3% increase compared to OMR 1.38 million in the same period of 2014.

Mubasher Contribution Time: 15-Dec-2015 08:05 (GMT)