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United Finance posts 6% profit rise in FY15

United Finance posts 6% profit rise in FY15
Photo Credit: Arabianeye-Reuters
UFC
UFCI
1.67% 0.06 0.00

Mubasher: United Finance reported a 6% profit increase to OMR 5.24 million ($13.56 million) in the fiscal year 2015, compared to OMR 4.96 million ($12.84 million) in the fiscal year 2014, according to a bourse filing.

Total income reached OMR 12.27 million during the period, compared to OMR 12.26 million.

Earnings per share reached 0.017 baisa in FY15, compared to 0.018 baisa in FY15

The company’s board recommended a 10% cash dividend and 5% bonus share for the fiscal year 2015.