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FINANCIAL NEWS
Oman-Galfar issues OMR26mn road project
19 Jul 2017
(MENAFN) Galfar Engineering and Contracting Co., the Sultanate’s largest contracting firm proclaimed that the firm has bagged deal valued at OMR26mn for works linked to traffic at Al Batinah Expressway project.
Moreover, the deal was given by the Ministry of Transport and Communications, while the Ministry of Finance has confirmed the deal inked between the firm and the Ministry of Transport and Communications.
Currently, the firm has proclaimed the group”s net profit for the Jan-June period of this year at OMR6.000 against OMR540.000 posted for the same period of 2016.
In addition, its whole revenue for the period reached OMR152.90mn, against OMR174.18mn for the same period of 2016.
MENAFN1907201700450000ID1095637545
MENAFN1907201700450000ID1095637545
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