In a statement to the Muscat Securities Market (MSM) and in compliance with current regulatory requirements, Dhofar Cattle Feed Co. announced its initial results for the second quarter of 2014.

The Company announced achieving a loss of OMR 1.74 million for the period ending June 30, 2014 compared to a profit of OMR 226,000 during the same period in 2013, recording a profit decline by nearly 669.9%.

The Company’s total value of sales reached nearly OMR 14.968 million compared to OMR 14.338 million during the same period last year, registering an increase by around 4.4%.