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Computer Stationery profits leap 35% in FY14

Computer Stationery profits leap 35% in FY14
Photo Credit: Arabianeye-Reuters
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Computer Stationery Industries has announced its preliminary unaudited financials for the fiscal year ended December 31, 2014, reporting a net profit surge by 34.76% to OMR 313.4 THD ($816,000) against OMR 232.6 THD ($605.8 THD) by the end of 2013.

Revenues from sales fell to OMR 2.9 million against OMR 3 million in 2013.

Preliminary financials for the mother company for the same period showed a profit rise to OMR 238.5 THD against OMR 117.7 THD by the end of 2013.

The Company had reported a profit of OMR 46.3 THD during the three-month period ended September 30, 2014, registering a rise by 22% compared to figures from the corresponding period the year before.