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FINANCIAL NEWS
Omani firms post USD 185mn net profit
12 Apr 2016
(MENAFN) Oman’s listed firms registered a 3.3 percent increase in joined income to USD 1.85mn last year, over than USD 1.79mn in 2014.
Furthermore, amid many sectors, the services sector performed well, whereas the net profit of industrial sector declined last year, which has 125 to 130 firms.
On the other hand, the financial sector showed a 5 percent increase in net earnings to USD 1.095mn last year, compared with USD 1.045mn of 2014.
In addition, service sector companies recorded a joined income of USD 551.47mn in 2015, reflecting a marked increase of 30 percent.
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