Mubasher: Oman Education and Training Investment Co. said its net profits for the fourth quarter ended on 31 August declined by 72%.
The company reported net profits of OMR 148,220 ($383,440) for Q4, down from OMR 529,960 ($1.37 million) for the same period a year earlier.
Meanwhile, the company posted net profits of OMR 1.05 million for the full year ended 31 August 2016, up by 19.2% from OMR 1.3 million a year earlier.