Mubasher: United Finance posted on Sunday a net profit of OMR 1.25 million ($3.23 million) for the fourth quarter of the fiscal year 2016, 15.5% down from OMR 1.48 million ($3.83 million) for Q4-15.

Net profit after tax for the fiscal year 2016 decreased 13.9% to OMR 4.51 million from OMR 5.24 million for fiscal 2015.

Total income reached OMR 12.5 million in 2016, compared to OMR 12.27 million for 2015, according to a bourse filing.