Browse
related articles
Galfar posts 20% rise in net profit, secures OR9.4m contract
- Oman: Sunday, October 21 - 2012 at 02:40
Oman-based Galfar Engineering and Contracting has posted a 20.3% rise in net profit for the nine-month period ended September 30, 2012 to OR4m, compared with OR3.3m in the corresponding period of last year, Muscat Daily has reported. Galfar said its contract and other income marginally fell by 1.2% to OR237.5m during the period, compared with OR240.4m a year ago. The company also said that it has been awarded a OR9.4m contract by the Public Authority for Electricity and Water (PAEW) for the first phase of the construction of water network project in Wilayat of Rustaq in South Batinah. The completion period of the project is 24 months, in addition to 60 days for mobilisation.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
