Mubasher: Phoenix Power said its profits for the third quarter of 2016 rose 2.2% to OMR 10.94 million ($28.32 million) from OMR 10.71 million ($27.72 million), according to a bourse filing.

Over the first nine months, the company earned OMR 15.44 million, higher 11% from OMR 13.91 million for the year-ago period.