Mubasher: Oman Fisheries’ initial un-audited financial results showed an increase of 235% in the company’s profits for the fourth quarter of fiscal 2016 to OMR 812,170 ($2.1 million), versus OMR 242,780 ($628,140) for Q4-15.

Profits for fiscal 2016 rose 3,691.47% to OMR 833,220 from OMR 23,300 for 2015, according to a bourse statement.

The stock leapt in today’s mid trading by 10% to OMR 0.08.