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Al Maha Petroleum profits grow 16% in Q3

Al Maha Petroleum profits grow 16% in Q3
Profits reached OMR 3.2 million ($8.28 million) in Q3-16 (Photo Credit: Company Website)
Al Maha Marketing
MHAS
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Mubasher: Al Maha Petroleum Products Marketing Company saw a 16.4% year-on-year increase its profits during the third quarter of 2016, according to a bourse statement.

Profits reached OMR 3.2 million ($8.28 million) in Q3-16, compared to OMR 2.75 million ($7.12 million) in Q3-15.

The company generated profits of OMR 7.7 million in the first nine months of 2016, down 3.2% from OMR 7.95 million in the same period of 2015.