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Sembcorp Salalah posts OMR 4.73m in Q2-16

Sembcorp Salalah posts OMR 4.73m in Q2-16
Sembcorp’s net profit grew 8.2% in the first half of 2016 to OMR 7.91 million- (Photo Credit: Arabianeye-Reuters)
Sembcorp Salalah
SSPW
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Mubasher: Sembcorp Salalah Power’s net profits rose 3% in the second quarter of 2016 to reach OMR 4.73 million ($12.24 million) compared to OMR 4.59 million ($12 million) in Q2-15, according to the primary unaudited financial results.

The company’s net profit grew 8.2% in the first half of 2016 to OMR 7.91 million ($20.5 million) from OMR 7.31 million ($19 million) in the same period last year.

The Muscat-listed company recorded a 16.67% growth in Q1-16 to OMR 3.18 million ($8.26 million) from OMR 2.72 million ($7.06 million) in Q1-15.