Financial results for Majan College show a 64% leap in net profit for the first quarter, during the period ending November 30, 2014 to OMR 837.1 THD ($2.2 million) against OMR 509.3 million ($1.3 million) during the same period last year.

Total revenues during the period grew by 17% to OMR 1.6 million, against OMR 1.4 million during the corresponding period in 2013, the Company announced in its statement to the Muscat Securities Market (MSM).

Total spending rose by 11% to OMR 960.1 THD during the said quarter this year compared to OMR 886.44 THD in 2013.


Photo Credit: Arabianeye-Reuters