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Port Services turns to losses in 2015

Port Services turns to losses in 2015
Port Services Corporation
Port Services
PSCS
-0.56% 0.18 -0.00

Mubasher: Port Services Corporation posted on Wednesday net losses of OMR 2.13 million in 2015, versus a net profit of OMR 3.03 million in 2014, according to the company’s financial statements.

Oman’s port operator’s operating losses came to OMR 3.87 million last year, compared to OMR 3.41 million in 2014.

Meanwhile, operating income reached OMR 3.59 million, against OMR 14.59 million, dropping 82.3%.