Oman – Mubasher: SMN Power (SMNP) disclosed a profit of OMR 1.636 million in the first quarter of 2015 compared to OMR 1.468 million during the same period in 2014, registering an increase of 11.4%, according to a filing to the Muscat Securities Market (MSM) on Tuesday.

The company previously announced its annual financials and reported a profit of OMR 8.62 million ($22.4 million) in 2014 compared to OMR 7.8 million ($20.3 million) in 2013, an increase by 9.87%.

SMN Power’s capital amounts to OMR 19.9 million divided on 199.6 million shares.