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Al Omaniya posts 14% jump in quarterly profit
- Oman: Tuesday, April 23 - 2013 at 05:15
Oman's largest non-banking financial firm, Al Omaniya Financial Services has posted a 14.37% increase in its first-quarter net profit to OR1.23m, compared with OR1.07m in the same period in 2012m, Muscat Daily has reported. Pre-tax, pre-provision profit rose 18.43% to OR2.23m from OR1.88m. Total provisions stood at OR7.59m as of March 31, 2013, the firm said. The net worth of the company stands at OR56.20m, Al Omaniya noted.
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