Mubasher: Al Madina Investment Company’s losses for the second quarter of fiscal 2016 decreased by 41.9% to OMR 327,420 ($846,210), compared to OMR 563,450 ($1.5 million) for Q2-15.
Net losses for the first half of 2016 declined by 43.26% to OMR 728,300 from OMR 1.3 million for the same period of 2015, according to a bourse filing released on Tuesday.
Total assets reached OMR 46.7 million in H1-16, versus OMR 47.4 million for H1-15.
The company earlier reported a net loss of OMR 400,910 for Q1-16, compared to OMR 720,150 for Q1-15.
