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Oman Cables Q1 group net profit rises 54%, sales up 3%

Friday 30 April 2021 | 09:59 CET | News
Oman Cables Industry Company has reported 54.3 percent growth in its group net profit for the three months period ended 31 March to OMR 2.4 million from OMR 1.6 million in the same period of 2020. According to Oman Cables, total sales increased by 3 percent to OMR 53.5 million compared wth OMR 51.9 million in Q1 2020. Sales at the parent company rose by 5.9 percent to OMR 42.9 million compared with OMR 40.5 million.  The group is continuing to execute several plans aimed at protecting the health and safety of employees through extensive testing and sanitation programmes under medical support

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Categories: Fixed
Countries: Oman
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