Mubasher: Muscat National Holding posted on Sunday a net profit of OMR 240,510 ($622,300) for the third quarter of fiscal 2016, against a net loss of OMR 234,070 ($605,680) for Q3-15.

Net profit for the first nine months of 2016 increased by 182.85% to OMR 899,010 from OMR 317,840 for the same period of 2015, according to a bourse filing.

The company earlier reported a net profit of OMR 658,500 for the first half of 2016, 19.31% up from OMR 551,910 for H1-15.