In its statement to the Muscat Securities Exchange (MSM), Al Hassan Engineering announced its unaudited financial results for the first half of 2014 during which it achieved a net loss of OMR 1.800 million compared to a profit of OMR 421,000 during the first six months of 2013.

Contract revenues reached OMR 29.750 million compared to OMR 30.897 million during the same period in 2013, registering a 3.7% decline.