Mubasher: Al Hassan Engineering Company (HECI) posted OMR1.4 million ($3.72 million) losses for the fourth quarter of 2015, against OMR 335,000 ($866,900) profits achieved in the same period of 2014.
The company’s losses in the fiscal year 2015 deepened to OMR2.6 million, compared to OMR1.44 million in 2014.
HECI’s losses after tax in the third quarter of last year reached OMR1.2 million ($3.11 million), compared to OMR1.78 million ($4.61 million) in the same period last year.
