Mubasher: Oman and Emirates Investment Holding Company (OEIHC), listed on the Abu Dhabi Securities Exchange (ADX) and Muscat Securities Market (MSM), suffered losses in the first nine months of 2017.

The company logged OMR 1.23 million in losses between January and June against profits of OMR 2.52 million, according to a bourse filing.

OEIHC’s total income fell 74.21% to OMR 1.4 million from OMR 5.44 million in the first nine months of 2016 when the company generated OMR 3.4 million after the sale of a sister company.

Oman and Emirates Investment’s parent company also incurred a loss of OMR 1.16 million during the period against profits of OMR 2.63 million in the first nine months of 2016.