Mubasher: Oman Orix Leasing posted a 0.8% decline year-on-year in the third quarter of 2016, according to a bourse statement.

Profits reached OMR 1.29 million ($3.3 million) in Q3-16, compared to OMR 1.3 million ($3.4 million) in Q3-15

In the first nine months of 2016, profits increased 0.26% year-on-year to OMR 3.88 million from OMR 3.87 million in the same period of 2015.

Net investment in leases grew 14.57% to OMR 175.73 million in the nine-month period of 2016, compared to OMR 153.39 million in the prior-year period.