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HSBC Oman’s quarterly profits rise 23%

HSBC Oman’s quarterly profits rise 23%
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HSBC Oman
HBMO
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Muscat – Mubasher: HSBC Oman said net profits for the first quarter of the fiscal year rose 22.6% to OMR 3.8 million ($9.871 million), compared with OMR 3.1 million ($8.053 million).

The bank’s unaudited preliminary financial results for the fiscal year 2014 showed a 11.9% rise in net profits to OMR 12.2 million ($31.7 million), compared with OMR 10.9 million ($28.33 million) a year earlier.