Phoenix Power Company SAOG Reports Unaudited Earnings Results for the First Six Months Ended June 30, 2016
July 12, 2016 at 11:00 pm EDT
Phoenix Power Company SAOG reported unaudited earnings results for the first six months ended June 30, 2016. For the period, the company reported operating revenue of OMR 50,772,000 against OMR 52,197,000 a year ago. Operating profit was OMR 18,908,000 against OMR 18,986,000 a year ago. Profit before tax was OMR 6,839,000 against OMR 6,390,000 a year ago. Net profit was OMR 4,491,000 against OMR 3,190,000 a year ago.