Al Jazeera Steel Products registered a plunge of 58.4% to OMR 1.437 million ($3.72 million) in its unaudited financial statements for the first half ended 30 June, 2015 as compared to OMR 3.461 million in the same period of 2014.

The Omani company’s earnings decreased to about OMR 553,500 in the first quarter ended 31 March, 2015 from OMR 1.6 million ($8.94 million) in the same period of 2014.