Mubasher: Dhofar International Development and Investment Holding Company’s reported on Sunday a net profit of OMR 3.5 million in the fourth quarter of 2015, compared net losses of 321.2 million in the same period of 2014.

Annual profit came to OMR 14.11 million, versus OMR 12.5 million in 2014, according to a bourse filing.

The Muscat listed company earlier posted a decline of 18.55% in net profit of the first nine months of 2015 compared to the same period of 2014.