Mubasher: National Gas’ unaudited consolidated financial statements showed a surge of 139.78% in the company’s profits for the second quarter of the fiscal year 2016.
Net profit reached OMR 657,390 ($1.7 million) in Q2-16, versus OMR 274,170 ($709,700) in Q2-15, according to a bourse filing.
In the first half of 2016, net profit also grew by 131.23% to OMR 1.59, compared to OMR 687,570 in the same period of 2015.
Total income came to OMR 31.21 million H1-16, versus OMR 35.38 million in H1-15.
The company earlier reported a net profit of OMR 932,500 for Q1-16; 125.6% up from OMR 413,400 for Q1-15.
