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United Arab Emirates : AOFS announces 7.1% growth in net profit for Q2

July 7, 2014

Al Omaniya Financial Services (AOFS) has announces a 7.1% growth in net profit for the second quarter this year.

The second-quarter net profit of Al Omaniya has been increased to RO2.93mn, against RO2.73mn in the corresponding quarter last year.

AOFS total revenue has been raised slightly to RO9.23mn in the second quarter of 2014, as compared with RO9.19mn in the same quarter last year.

The net instalment finance receivables of the company has been reduced slightly by 0.4 per cent to RO217.3mn at the end of the second quarter from RO218.2mn a year ago.

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Source: TendersInfo (India)

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