Mubasher: Al Madina Investment Company’s profits shrank in the fiscal year ended on 31 March, 2016, by 18.8% year-on-year.

Net profit reached OMR 1.3 million ($3.4 million) in FY15-16, versus OMR 1.6 million ($4.2 million) in FY14-15, according to a bourse filing released on Tuesday.

The stock fell in today’s early trading by 1.49% to OMR 0.066.