Mubasher: Oman & Emirates Investment Holding reported total losses of OMR 240,000 ($617,000) in Q2-16 against a profit of OMR 200,600 in the same period last year.
The group’s profits for the first half of 2016 surged 957.3% to OMR 2.77 million, compared to OMR 262,000, in H1-15, according to a bourse filing.
It is worth mentioning that the group’s profits increased in Q1-16 reaching OMR 3.01 million ($7.82 million).
