Oman United incurs OMR 1.1m losses in Q2

Mubasher: Oman United Insurance suffered losses in the second quarter ended 30 June 2016, according to a bourse filing.

Net losses stood at OMR 1.1 million ($3.6 million) in Q2-16, compared to OMR 2.14 million ($5.5 million) in Q2-15.

In the first half of 2016, profits grew 10% to OMR 3.5 million from OMR 3.2 million from the prior-year period. 

Mubasher Contribution Time: 14-Jul-2016 05:47 (GMT)
Mubasher Last Update Time: 14-Jul-2016 05:47 (GMT)