Mubasher: Oman’s Majan Glass Company posted on Wednesday net losses after tax of OMR 1.6 million in 2015, versus OMR 65.02 in 2014, a massive increase of 2374.32%.
Total sales reached OMR 9.8 million last year, compared to OMR 9.4 million a year earlier, according to the company’s financial statements.
For the first nine months of 2015, the company turned to losses valued at OMR 1.08 million, against OMR 280,000 in 2014.
The company’s share is traded at OMR 0.20.
