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Muscat Thread Mills Q1 profit leaps 298.1%

Muscat Thread Mills Q1 profit leaps 298.1%
Muscat Thread Mills
MTMI
0.00% 0.06 0.00
Muscat Thread Mills Co released financial statements for the first quarter of 2014, which reflected net profit of OMR 40.8 million, against OMR 20.600 loss in the year-earlier period, leaping 298.1%.
Muscat Thread’s 2013 profit declined to OMR 168.300 from OMR 209.500 in 2012.