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Oman Chlorine profits decline 60.24% in Q2

Oman Chlorine profits decline 60.24% in Q2
Oman Chlorine Company’s headuqrters. (Photo credit: Company website)
Oman Chlorine
OCHL
0.00% 0.24 0.00

Mubasher: Oman Chlorine reported a decline of 60.24% in net profits for the second quarter of 2016.

The Omani listed company posted net profits of OMR 229,000 in Q2-2016, compared with OMR 576,000 for the same period of the preceding year.

As for the first half of 2016, the company saw net profits of OMR 713,000 down 38.59% from OMR 1.16 million for the similar period a year earlier.