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Al Jazeira Services profits fall 43.5% in Q3

Al Jazeira Services profits fall 43.5% in Q3
Photo Credit: Arabianeye - Reuters
Al Jazeira Services
AJSS
-2.65% 0.22 -0.01

Mubasher: Al Jazeira Services' Q3 profits slid 43.5% year-on-year from OMR 0.480 million ($1.24 million) from OMR 0.850 million ($2.2 million), according to a bourse filing.

The first nine-month profits reached OMR 1.58 million, down 45.7% from OMR 2.91 million for the year-ago period.

Revenues decreased 16.5% year-on-year to OMR 6.94 million from OMR 8.35 million, the bourse filing revealed.