Mubasher: Al Omaniya Financial Services Company’s profits declined in the second quarter of fiscal 2016 by 1.17% year-on-year.
Net profit came to OMR 1.68 million ($4.35 million) in Q2-16, versus OMR 1.7 million ($4.40 million) in Q2-15, according to a bourse filing released on Saturday.
In the first six months of 2016, net profit grew 0.13% to OMR 3.11 million from OMR 3.10 million in the same period of 2015.
Total revenues also rose by 5.42% in H1-16 to OMR 9.8 million, compared to OMR 9.28 million in H1-15.
The company earlier posted a net profit of OMR 1.43 million for Q1-16, 2.1% up from OMR 1.4 million for Q1-15.
