Mubasher: Al Hassan Engineering reported a 32.6% drop in losses to OMR 1.2 million in the third quarter of 2015, compared to OMR 1.78 million ($4.61 million) in the same quarter of 2014, according to a bourse filing on Tuesday.

Contract income jumped 62.1% to OMR 79.22 million in Q3-15 from OMR 48.86 million in Q3-14.

The company's capital amounts to OMR 7.52 million, distributed on 75.2 million shares.