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Oman & Emirates Investment posts OMR 319,212 loss in 9M

Oman & Emirates Investment posts OMR 319,212 loss in 9M
Net equity dropped 1.57% in 9M

Abu Dhabi – Mubasher: Oman & Emirates Investment Holding Co (OEIHC) has suffered a loss worth OMR 319,212 during the period from January to September 2019, against a profit of OMR 1.504 million in the same period in 2018.   

The net equity of the group and the parent company edged down by 1.57% during the nine-month period to OMR 19.955 million when compared to OMR 21.751 million, according to a recent bourse statement.     

Total investments of the group and the parent company amounted to OMR 47.933 million and OMR 44.860 million, respectively, in the January-September 2019 period, versus OMR 52.238 million and OMR 47.195 million, respectively, a year earlier.  

Oman & Emirates Investment is a company listed on Muscat Securities Market (MSM) and the Abu Dhabi Securities Exchange (ADX).