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Masafat profits leap 75.1% in Q4

Masafat profits leap 75.1% in Q4
Photo credit: Arabianeye - Reuters
Masafat Transport
MSFT
1.52% 0.67 0.01

Mubasher: Masafat Specialized Transport posted net profits of OMR 480,020 for the fourth quarter of 2015, up 75.1% y-o-y.

The company saw net profits of OMR 274,130 for the similar period of the previous year.

Meanwhile, the company reported a decline of 19.56% as for the net profits in 2015, which reached OMR 1.15 million.

The company said earlier, it saw net profits of OMR 673,510 for the first nine months of 2015, with an increase of 41.96% y-o-y