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Global Finance Investment profits grow in H1

Global Finance Investment profits grow in H1
Photo Credit: Arabianeye-Reuters

Mubasher: Global Finance Investment Group (GFIC) posted a 20.9% profit rise to OMR 838,600 ($2.17 million) in the third quarter of 2015, compared to OMR 693,800 ($1.8 million) in the same quarter of 2015, according to a bourse filing on Wednesday.

Total income fell 12.9% to OMR 2.84 million in Q3-15 from OMR 3.26 million in Q3-14.

The group turned profitable after generating OMR 445,090 in Q3-15 against losses of OMR 82,160 in Q3-14.