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FINANCIAL NEWS
Al Omaniya net profit up 6.5 percent in Jan-Sep
15 Oct 2014
(MENAFN) Al Omaniya Financial Services, which is the largest non-banking finance company in the sultanate, announced posting an increase by 6.5 percent in the company’s net profit for the January-September period of 2014, Muscat Daily reported.
During the cited period, the company registered a net profit of USD11.21 million compared to USD10.51 million it registered during the same period last year.
Meanwhile, the company’s total revenue grew by 0.4 per cent, reaching USD36.25 million compared to USD36.09 million which the company posted during the corresponding period of last year, while net instalment finance receivables in the company increased 3 percent to hit USD 589.62 million.
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