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FINANCIAL NEWS
ONIC net profit down to USD10.51m in H1
14 Aug 2014
(MENAFN) Oman National Investment Corporation (ONIC) registered a net profit of USD10.51 million in the January-June period, decreasing from USD13.90 million in the same period in 2013, Times of Oman reported.
Meanwhile, the Holding group’s parent company showed an increase in their net profit, reaching USD4.63 million compared to USD2.82million in the same period last year.
The associated companies also delivered a strong performance, which translated in the amount of dividends received of USD4.37 million as well as their profits shares, which reached USD6.97 million.
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