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Salalah Mills profits decline 13.45% in Q2

Salalah Mills profits decline 13.45% in Q2
Salalah Mills (Photo Credit: Company's website)
Salalah Mills
SFMI
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Mubasher: Oman’s Salalah Mills reported a decline of 13.45% for its net profits for the second quarter of 2016.

The company saw net profits of OMR 1.25 million ($3.2 million), down from OMR 1.45 million for the same period of the previous year.

As for the first half of 2016, the company saw net profits of OMR 2.025 million compared with OMR 2.735 million for the comparable period of the preceding year.