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Dhofar Cattle Feed turns profitable in Q2

Dhofar Cattle Feed turns profitable in Q2
Photo Credit: Arabianeye-Reuters
Dhofar Cattle Feed
DCFI
0.79% 0.13 0.00

Muscat-Mubasher: Dhofar Cattle Feed Co. reported profits of OMR 1.46 million ($3.79 million) for the three-month period ended 30 June 2015, versus OMR 1.740 million ($4.51 million) loss logged in the same period of 2014, according to a bourse filing.

The company’s Q1 losses plunged 96% year-on-year to OMR 83,000 ($215,500), compared to OMR 1.80 million ($4.67 million).