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Sembcorp Salalah profits rise 10% in Q4

Sembcorp Salalah profits rise 10% in Q4
(Photo credit: Company's website)
Sembcorp Salalah
SSPW
0.00% 0.11 0.00

Mubasher: Sembcorp Salalah initial unaudited results  showed a net profit of OMR 3.32 million ($8.6 million) for the fourth quarter of fiscal 2016, 9.9% up from OMR 3.02 million ($7.8 million) for Q4-15.

Net profit for the fiscal year 2016 reached OMR 14.6 million, rising 7.2% compared to OMR 13.64 million for fiscal 2015, according to a bourse filing released on Thursday.

By 11:30am Muscat time, the stock stood at OMR 0.233.