Mubasher TV
Contact Us Advertising   العربية

Oman Fiber Optic earnings fall 90% in 9 months

Oman Fiber Optic earnings fall 90% in 9 months
Photo Credit: Arabianeye - Reuters
OFO
OFOI
0.00% 4.57 0.00

Mubasher: Oman Fiber Optic Co. posted net earnings of OMR 573,000 ($1.48 million), leaping 90% compared with OMR 5.8 million ($15.01 million) a year earlier.

Nine-month revenues declined from OMR 17.1 million to OMR 14.8 million.

The company operates with OMR 6.27 million capital, divided into 6.27 million shares at a par value of OMR 1 each.