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MSM Listed Companies Post More than RO700 Million Profits

Posted on January 26, 2019

Muscat, The 2018 results of 105 MSM listed companies pointed out that

they have posted 23% growth in profits in 2018 compared to 2017.

78% of the companies that announced their financial results posted more than RO700

million profits compared to RO630 million in 2017.

Sector-wise, 89% of the financial sector companies achieved profits in their announced

results for 2018 compared to 87% for the service sector companies and 71% for the

industry sector companies.

62 companies achieved growth in their financial results last year including 53 companies

that posted growth in profits and 9 companies that managed to reduce their losses.

It should be noted that the initial results disclosure compliance by MSM listed companies

now stands at 98%.

Source: Oman News Agency

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HUMAN SERVICES

  • MURAD DISCUSSES WITH PRINCIPALS OF PUBLIC & SECONDARY SCHOOLS IN CENTRAL BEKAA PREPARATIONS FOR UPCOMING SCHOLASTIC YEAR August 6, 2022
  • AL-RAHI PRESIDES OVER MASS IN BCHARRE MARKING ‘FEAST OF THE TRANSFIGURATION’: NO MATTER THE DIFFICULTIES, WE CLING TO JESUS CHIRST, THE RISEN ONE, MASTER OF HISTORY August 6, 2022
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