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FINANCIAL NEWS
Galfar net profit hits USD13 m
07 Aug 2013
(MENAFN) Galfar Engineering and Contracting announced earning of USD13 million for the first half of this year registering a 56.2 jump from USD8.3 in the prior-year period, Times of Oman reported.
Contracts and other income sources brought the company USD509.3 million up by 25.8 percent from USD 404.7 million.
Expenses for the company also jumped by 25.08 percent to USD493.5 million up from USD404.7 million.
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