Published: Aug 11, 2014
Source: Muscat Daily

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Galfar posts 60% decline in the net profit

Galfar Engineering and Contracting Co reported a 60 per cent decline in its net profit for the six-month period ended June 30, 2014 to RO2.01mn, compared with RO5.09mn in the same period last year. 

The company’s total income marginally decreased to RO196.3mn in the first half of 2014 from RO196.6mn in the same period of 2013.

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