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Port Services profits plunge 98.1% in 6M

Port Services profits plunge 98.1% in 6M
Photo Credit: Arabianeye-Reuters
Port Services
PSCS
-0.56% 0.18 -0.00

Port Services Corporation’s board meeting, held on 27 July 2015, permitted the unaudited financial results for the six months period ended 30 June, 2015, showing a plummet of 98.1% year-on-year. 

The company reported a net profit of about OMR 73,140 ($$189,200) in the first half of 2015, compared to OMR 3.882 million ($10.04 million) in the corresponding period of 2014.