Tawasul
Mubasher TV
Contact Us Advertising   العربية

Al Batinah Hotels Q4 losses shrank 85%

Al Batinah Hotels Q4 losses shrank 85%
In the fiscal year 2016, net profit reached OMR 19,380 (Photo credit: Arabianeye - Reuters)
Al Batinah Hotels
BAHS
0.00% 1.96 0.00

Mubasher: Al Batinah Hotels trimmed its losses for the fourth quarter of 2016 to OMR 9,170 ($23,730) from OMR 61,170 ($158,320) for Q4-15.

In the fiscal year 2016, net profit reached OMR 19,380, 24.7% down from OMR 25,690 for fiscal 2015, according to a bourse statement released on Wednesday.