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Dhofar Beverages profits fall 24.15% in Q2

Dhofar Beverages profits fall 24.15% in Q2
Profits declined 2.7% to OMR 132,340 in H1-16 (Photo Credit: Arabianeye-Reuters)
Dhofar Beverages
DBCI
2.50% 0.20 0.01

Mubasher: Dhofar Beverages and Foodstuff reported a 24.15% year-on-year decrease in its profits for the second quarter of 2016, according to a bourse filing.

Net profits reached OMR 136,660 ($353,757) in Q2-16, compared to OMR 180,170 ($466,387) in Q2-15.

Moreover, profits declined 2.7% to OMR 132,340 in the first half of 2016, compared to OMR 135,970 in the same half a year earlier.