PHOTO
Image for illustrative purpose only. An investor works on his computer above the trading floor of the Muscat Securities Market (MSM) in the Commercial business District of Ruwi in Muscat. STR New, Reuters
Oman and Emirates Investment Holding reported a substantial growth in net profit for the second quarter of the year.
The Group’s total net earnings attributable to shareholders reached RO 746,210 ($1.9 million) for the period ended June 30, 2024.
The profit is up 212% from the RO 239,331 recorded in the same period last year, according to the preliminary financial results.
Total income of the group went up by 34% to RO 1.692 million, from RO 1.263 million a year earlier.
(Writing by Cleofe Maceda; editing by Seban Scaria) seban.scaria@lseg.com
