trending Market Intelligence /marketintelligence/en/news-insights/trending/Bk8XJd3tpuEAk-jpGTQDKA2 content esgSubNav
In This List

Oman Flour Mills fiscal Q2 profit climbs 11.0% YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Oman Flour Mills fiscal Q2 profit climbs 11.0% YOY

Oman Flour Mills Co. SAOG said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, came to 1.6 million rials, a rise of 11.0% from 1.4 million rials in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 8.3% from 7.2% in the year-earlier period.

Total revenue totaled 19.3 million rials, compared with 19.3 million rials in the year-earlier period, and total operating expenses fell from the prior-year period to 16.6 million rials from 17.1 million rials.

Reported net income came to 1.9 million rials, compared with 2.0 million rials in the prior-year period.

As of Feb. 4, US$1 was equivalent to 39 Oman baiza.