Mubasher TV
Contact Us Advertising   العربية

Oman Foods records massive loss by 1581% in 9M

Oman Foods records massive loss by 1581% in 9M
OFI
NRCI
0.00% 0.48 0.00
Oman Foods International announced its financials for the nine-month period ending September 30, 2014 in its statement to the Muscat Securities Market (MSM), reporting skyrocketing losses by 1581% to OMR 269,000 against a loss of OMR 16,000 during the same period in 2013.

Total revenue for the Company amounted to OMR 2.6 million during the nine-month period compared to OMR 4.6 million during the same period in 2013.

It is worth noting that Oman Foods had reported a loss amounting to OMR 96,000 during the first half of the year, compared to a profit of OMR 87,000 during the first half of 2013.