Oman – Mubasher: Hotel Management Co. International (HMCI) announced in a bourse filing that its profits for the first quarter of 2015 declined by 5% to OMR 1.299 million compared to OMR 1.368 million in the same period in 2014.

The company previously reported its unaudited financials for 2014, which showed a 10.2% drop in profits, reaching OMR 2.6 million compared to OMR 2.9 million in 2013.

HMCI’s capital amounts to OMR 3 million divided on 3 million shares.