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Al Anwar Holdings widens losses in Q2

Al Anwar Holdings widens losses in Q2
Losses amounted to OMR 1.53 million in Q2
Al Anwar Investments
AAIC
0.00% 0.09 0.00

Mubasher: The Al Anwar Holdings reported a rise in losses by 142.7% year-on-year for the second quarter that ended on 30 September 2017, according to a bourse filing.

The company said in a statement to the Muscat Securities Market (MSM) that losses amounted to OMR 1.53 million in Q2, compared to losses of 630,000 in the same period last year.

As for the first half of the year, the company posted losses of OMR 1 million, versus profits of OMR 3.87 million in the same period of the year befrore.