Mubasher: Al Omaniya Financial Services posted on Thursday a fall of 28.2% in its profits for the third quarter of fiscal 2016 to OMR 1.07 million ($2.77 million), versus OMR 1.49 million ($3.86 million) for Q3-15.
The company’s unaudited financial statements showed a 8.9% fall in net profit for the first nine months of 2016 to OMR 4.18 million from OMR 4.59 million for the same period of 2015, according to a bourse filing.
Total revenues for the nine-month period reached OMR 14.44 million, rising 3.1% from OMR 14.01 million for the same period last year.
The company earlier reported a net profit of OMR 3.11 million for the first half of 2016, 0.13% up from OMR 3.10 million for H1-15.
