Mubasher: Oman Refreshment Company’s profit grew in the first quarter of 2016 by 44.9% to OMR 1.71 million ($4.43 million) from OMR 1.18 million ($3.05 million) in the same period of 2015, according to a bourse filing released on Sunday.

The company earlier reported a net profit of OMR 9.45 million ($24.54 million) in 2015, 6% lower form OMR 10.06 million ($26.12 million) in 2014.

The Muscat listed company’s stock stood at OMR 2.25 ($5.84) in today’s trading.