Salalah Mills Q3 profits plunge 80%

Mubasher: Salalah Mills posted a drop of 80% in profits during the third quarter of 2016 as compared to the same period in the prior year.

Earning stood at about OMR 175,000 ($452,969) in Q3-16, compared with OMR 875,000 ($2.264 million) in Q3-15, according to a bourse statement issued Thursday.

Salalah Mills’ profits in the nine-month period decreased to OMR 2.2 million from OMR 3.61 million the same period of 2015.

 

Mubasher Contribution Time: 13-Oct-2016 14:18 (GMT)
Mubasher Last Update Time: 13-Oct-2016 14:19 (GMT)