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FINANCIAL NEWS
Ominvest profit hits USD24.3m in H1
12 Aug 2014
(MENAFN) Oman International Development &Investment Company (Ominvest) has posted profits for the January-June period of USD24.34 million, which represents a growth of 20 percent compared to last year, Oman Observer reported.
This growth in revenue and net profit has been accomplished through Ominvest”s many associated companies like National Finance Company, National Detergent Company and National Biscuit Company.
“We are currently investigating a number of investment opportunities to make Ominvest a much stronger listed enterprise with greater capabilities coupled with the ability to harness future growth in the investment industry,”Ominvest CEO said.
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