Mubasher: National Mineral Water Company’s losses decreased in the second quarter of fiscal 2016 by 17% year-on-year.

Net losses reached OMR 160,250 ($415,070) in Q2-16, versus OMR 192,960 ($499,800) in Q2-15, according to a bourse filing released on Tuesday.

In the first half of 2016, net losses came to OMR 16.,090, decreasing 58% from OMR 388,240 in the same period of 2015.

The company earlier posted net losses of OMR 2,840 for Q1-16, versus OMR 195,280 in Q1-15.