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Oman Hotels and Tourism H1 profits up 7.4%

Oman Hotels and Tourism H1 profits up 7.4%
Photo Credit: Arabianeye-Reuters
OHTC
OHTS
5.31% 0.44 0.02

Oman Hotels and Tourism recorded earnings worth OMR 1.371 ($3.5 million) in the first half ended 30 June, compared to OMR 1.276 million ($3.3 million) in the corresponding period of 2014, an increase of 7.4%.

The audited financials of the Omani company showed a growth of 7.9% to around OMR 892,000 in its profits for the first quarter ended 31 March as compared to about OMR 788,000 in Q1-15.