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English news

10-Jul-2016

Oman Cables continues resilient performance in 2Q16; earnings flat, but beat estimate by 13%

Net income – OMR4.73mn, -1% Y-o-Y, +2% Q-o-Q, +13% vs. EFGe Revenue – OMR62.4mn, -14% Y-o-Y, +1% Q-o-Q, +4% vs. EFGe   Oman Cables (OC) released its 2Q16 headline results, with consolidated earnings after minority interest at OMR4.73mn (

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