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NBO profits for Q3 fall 15%

NBO profits for Q3 fall 15%
Net profit for the first nine months of 2015 fell 2.1% to OMR 42.1 million (Photo credit :Arabianeye - Reuters)
NBO
NBOB
9.20% 0.38 0.03

Mubasher: National Bank of Oman posted on Thursday a net profit of OMR 12.7 million ($32.87 million) for the third quarter of fiscal 2016, 14.8% down from OMR 14.9 million ($38.57 million) for Q3-15.

Net profit for the first nine months of 2015 fell 2.1% to OMR 42.1 million, versus OMR 43 million for the same period of 2015, according to a bourse filing.

NBO earlier reported a net profit of OMR 15.5 million for Q2-16.