Mubasher: The unaudited financial statements of Construction Material Industry reported profitability in the third quarter of 2016 versus losses posted in the same period a year ago.
Earnings reached nearly OMR 23,720 ($61,380) in Q3-16, against losses of around OMR 45,030 ($116,540) in Q3-15, the company said in a bourse filing.
From January to September this year, the company achieved profits worth approximately OMR 33,140 versus losses worth about OMR 13,100 in the same period of 2015.
Total income increased 31.26% to reach OMR 2.23 million in the nine months as compared to OMR 1.7 million in the same period a year ago.
