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Oman’s Al Anwar posts 88% profit surge in Q1

Oman’s Al Anwar posts 88% profit surge in Q1
Photo Credit: Arabianeye-Reuters
Al Anwar Investments
AAIC
4.71% 0.09 0.00

 

Oman – Mubasher: Al Anwar Holdings reported a leap by 88% in its profits for the first quarter ended 30 June 2015 to OMR 2.98 million ($7.73 million) compared to OMR 1.58 million ($4.1 million) in the same period of 2014, the company said in a filing to the Muscat Securities Market (MSM) on Thursday.

The company previously reported a 44.7% increase in annual profits to OMR 5.163 million, compared to OMR 3.568 million the year before.