Mubasher: Al Hassan Engineering reported a decline of 65.19% in net profits for the second quarter of 2016, said a bourse filling.

The company’s unaudited preliminary financial results reflected net profits of OMR 47,000 for the second quarter of 2016, compared with OMR 135,000 for the same period of the previous year.

As for the first half of 2016, the firm reported net profits of OMR 99,000 against losses of OMR 1.35 million it suffered at the similar period of 2015.