Mubasher: Oman Agriculture Development brought down its losses by 80% in the third quarter of the fiscal year 2015/16.

The company logged OMR 7,000 in losses in the third quarter of FY15/16, compared with OMR 36,000 for the same period of the previous year.

Meanwhile, the company suffered OMR 12,000 in losses for the first nine months of FY15/16, compared with OMR 61,000 for the corresponding period of the preceding year.