FINANCIAL NEWS

OMF net profit drops in the year to June

28 Aug 2013

(MENAFN) Oman Flour Mills (OMF) announced results for the year ended June 30 showing a slump in net profit, but a jump in revenue, Times of Oman reported.

OMF made a net profit of USD15.7 million in the 12-month period ended June 30 compared to USD19.4 million the previous 12-month period.

The company’s revenue for the period, on the other hand, increased from USD157.5 million to USD182.7.

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