Oman Cables Industry announced its financial results to Muscat Securities Market (MSM), reporting a net profit after taxes rise by 8% to OMR 19.9 million (about $51.7 million) in 2014, compared to OMR 18.4 million in 2013.


The Company’s total revenues reached approximately OMR 303 million in 2014, compared to OMR 306 million in 2013.


Worth noting, Oman Cables reported a net profit after taxes at around OMR 12.8 million during the first nine months of 2014, compared to OMR 12.483 million in the corresponding period of 2013, registering an increase of 2.9%.

 

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