Mubasher: Muscat Finance reported a 8% profit decline to OMR 892,000 in the fourth quarter of 2015, compared to OMR 970,000 in the same quarter of 2014, according to a bourse filing on Monday.
The company’s profits rose to OMR 4.356 million in the fiscal year 2015, compared to OMR 4.335 million in the fiscal year 2014.
The board recommended a dividend of 16% comprising a bonus share of 6% and a cash dividend of 10% for FY15, subject to approval of the Central Bank of Oman and the shareholders.
