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FINANCIAL NEWS
AOFS profits grow 14.9 percent in first half
24 Jul 2013
(MENAFN) Al Omaniya Financial Services (AOFS) announced a 14.9 growth in net profit in the year’s first half. The Company profits went up from USD5.9 million last first-half to reach USD6.9 million, Times of Oman reported.
AOFS is the largest firm in the NBFCs regarding net profit and asset volume.
Aftab Patel, CEO of AOFS said, “We are very optimistic about the year 2013 and the company is expected to perform very well and maintain its track record of earnings and dividends on the increased capital, barring unforeseen circumstances.”
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