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National Gas drops to 1-yr low Monday

National Gas drops to 1-yr low Monday
(Photo Credit: Arabianeye-Reuters)
National Gas
NGCI
-5.62% 0.08 -0.01

Mubasher: National Gas’ stock retreated to its lowest level in twelve months by the end of Monday’s trading session.

The stock plunged 7.62% closing at OMR 0.39 per share, recording its lowest level since 3 May 2016.

The company last announced a 39% drop in its profits to OMR 804,440 in the first quarter of 2017, compared to OMR 1.32 million in Q1-16.