Earning stood at about OMR 175,000 (Photo Credit: Company Website)
Salalah Mills
SFMI
9.94%
0.53
0.05
SFMI
Mubasher: Salalah Mills posted a drop of 80% in profits during the third quarter of 2016 as compared to the same period in the prior year.
Earning stood at about OMR 175,000 ($452,969) in Q3-16, compared with OMR 875,000 ($2.264 million) in Q3-15, according to a bourse statement issued Thursday.
Salalah Mills’ profits in the nine-month period decreased to OMR 2.2 million from OMR 3.61 million the same period of 2015.
Source:
Mubasher