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Muscat National Holding H1 profit rises 16.3%

Muscat National Holding H1 profit rises 16.3%
Photo Credit: Arabianeye-Reuters
Muscat Insurance
MCTI
9.12% 0.80 0.07

Muscat National Holding achieved a growth of 16.3% to about OMR 551,910 ($1.43 million) in profits as shown in its unaudited financials for the first half of 2015, when compared to nearly OMR 474,594 ($1.23 million) in the same period of 2014, the shareholding investment company said on Monday.

The Omani company achieved a net profit of about OMR 330,300 in H1-15 against losses worth about 113,500 in the same period of 2014.