Mubasher: Initial non-audited financial statements of National Mineral Water Company showed a rise in losses during the first quarter of 2017, according to a bourse filing.

The company said in a statement to the Muscat Securities Market (MSM) on Wednesday, that losses totalled OMR 221,420 in Q1-17 compared to OMR 2,840 in Q1-16.

During that period, total revenues declined by 2.9% to OMR 1.7 million compared to  OMR 1.75 million for the same quarter the year before.