News Column

SMN Power Holding Achieves 4 Percent Net Profit

July 17, 2014

Muscat, July 16 (ONA) --- SMN Power Holding Company achieved a net profit of 4.2% for the first half of 2014 to RO 4 million, against profit of RO 3.7 million in the corresponding period of last year.

In a statement released by the company via Muscat Securities Market (MSM) website on its un-audited financial results, it pointed out that its operating revenues grew by 7.1% to exceed RO 38.4 million in the first half of 2014 while the operating profit fell by 2% to hit RO 10.20 million.


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Source: Oman News Agency

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