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Oman Education reports 316% profit leap in Q2

Oman Education reports 316% profit leap in Q2
Photo Credit: Arabianeye-Reuters
Oman Education
OETI
9.88% 0.47 0.04


Oman – Mubasher: Oman Education and Training Investment Holding (OETI) reported a 316% surge in its preliminary unaudited financials for second quarter or the period ended 28 February 2015.

In its filing to the Muscat Securities Market (MSM), OETI reported a profit of OMR 482,982 for the second quarter compared to OMR 116,098 for the same period the year before.

The company’s capital amounts to OMR 7 million divided on around 70 million shares.