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Maha Marketing profit gains 7.6% in H1-14

Maha Marketing profit gains 7.6% in H1-14
Al Maha Marketing
MHAS
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In its statement to the Muscat Securities Exchange (MSM), Al Maha Petroleum Products Marketing Co.’s announced that its Board of Directors has approved the Company’s unaudited financial statements for the first half of 2014, during which the Company achieved a net profit of OMR 5.64 million compared to OMR 5.24 million in H1-13, registering a 7.6% increase.

Maha Marketing’s sales surged from OMR 153.5 million during H1-13 to OMR 174.8 million during H1-14, recording a 13.9% sales growth.