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Oman Chlorine profits fall 17% in Q1

Oman Chlorine profits fall 17% in Q1
Photo Credit: Arabianeye-Reuters
Oman Chlorine
OCHL
4.17% 0.25 0.01

 

Oman – Mubasher: Oman Chlorine reported a 16.76% decline in its profits for the three months ending 31 March 2015 to OMR 550,000 compared to OMR 660,000 in the same period in 2014, according to a filing to the Muscat Securities Market (MSM).

The firm had reported a 24.56% decline in its net profits for 2014, reaching OMR 2.6 million ($6.7 million) compared to OMR 3.4 million ($8.9 million) in 2013.

Oman Chlorine’s capital amounts to OMR 64.8 million divided on 64,860,631 shares.