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Oman Education & Training fiscal Q3 profit climbs YOY

4916828 said its normalized net income for the fiscal third quarter ended May 31 was 199,180 rials, a rise from 18,750 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 rose to 5.8% from 0.5% in the year-earlier period.

Total revenue rose 8.6% year over year to 3.9 million rials from 3.5 million rials, and total operating expenses came to 3.5 million rials, compared with 3.5 million rials in the year-earlier period.

eported net income totaled 271,520 rials, or 0 baiza p Oman Education & Training Investment Co. SAOG