Mubasher: Oman Refreshment’s unaudited financial results showed a decrease of 2% in the company’s net profit for the fourth quarter of fiscal 2016 to OMR 2.5 million ($6.47 million), compared to OMR 2.55 million ($6.6 million) for Q4-15.

Net profit for the fiscal year 2016 amounted to OMR 10.31 million, rising 7.4% to OMR 9.6 million for 2015, according to a bourse filing released on Thursday.

The company earlier reported a net profit of OMR 7.81 million for the first nine months of 2016, versus OMR 7.05 million for the same period of 2015.