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Oman Investment profits fall 13% in Q1

Oman Investment profits fall 13% in Q1
Photo Credit: Arabianeye-Reuters
OIFC
OIFC
2.25% 0.09 0.00

Muscat-Mubasher: Oman Investment and Finance reported a 13.3% profit decline to OMR 1.3 million ($3.36 million) in the first quarter ended 30 June 2015, compared to OMR 1.5 million ($3.88 million) in the corresponding period of 2014.

Net profits reached OMR 6.3 million ($16.3 million) in the fiscal year ended 31 March 2015, compared to OMR 6.6 million ($17.1 million) in the same period of 2014.