Muscat Thread Mills SAOG announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was OMR 638,190 compared to OMR 953,406 a year ago. Operating loss was OMR 36,319 compared to operating Income of OMR 42,292 a year ago. Net loss was OMR 51,066 compared to net income of OMR 21,594 a year ago. Basic loss per share was OMR 0.003 compared to basic earnings per share of OMR 0.001 a year ago.