Mubasher: Gulf Mushroom Products Company reported on Monday a net profit of OMR 16,120 ($41,760) for the third quarter of 2016, 3.5% up from OMR 15.,580 ($40,350) for Q3-15.
Net profit after tax for the first nine months of 2016, however, declined by 5.74% to OMR 210,250 from OMR 223,050 for the same period of 2015, according to a bourse filing.
Total sales amounted to OMR 4.57 million during the nine-month period, compared to OMR 4.56 million for the same period last year.
The company earlier posted a net profit of OMR 194,130 for the first half of 2016, 6.4% down from OMR 207,470 for H1-15.
