Mubasher: Galfar Engineering and Contracting posted on Sunday a net profit of OMR 240,000 ($621,180) for the third quarter of fiscal 2016, against a net loss of 2.32 million ($6 million) for Q3-15.
In the first nine months of the year, net profit reached OMR 1.54 million, compared to OMR 2.1 million for the same period of 2015, according to a bourse filing.
Total revenues came to OMR 245,530 million for the nine-month period, versus OMR 241.38 million for the same period last year.
The company earlier posted a net profit of OMR 1.3 million for H1-16, rising 502.8% compared to OMR 216,000 for H1-15.
