Mubasher: Muscat Finance posted on Thursday a net profit of OMR 1.07 million ($2.77 million) for the third quarter of fiscal 2016, falling 1.8% from OMR 1.09 million ($2.82 million) for Q3-15.

The company’s unaudited financial statements showed a fall of 0.29% in net profit for the first nine months of 2016 to OMR 3.45 million, compared to OMR 3.46 million for the same period of 2015.

Muscat Finance earlier reported a net profit of OMR 2.38 million for the first half of 2016, 0.42% up from OMR 2.37 million for H1-15.