Mubasher: Al Kamil Power Company’s initial unaudited financial statements showed a 6.8% increase in net profit for the fourth quarter of fiscal 2016 to OMR 780,000 ($2 million), versus OMR 730,000 ($1.9 million) for Q4-15.

Net profit for the fiscal year 2016 amounted to OMR 3.73 million, compared to OMR 3.34 million for fiscal 2015, according to a bourse filing released on Thursday.

The company earlier reported a net profit of OMR 2.95 million for the first nine months of 2016.