Mubasher: Dhofar International Development and Investment Holding reported on Sunday a net profit of OMR 4.13 million ($10.7 million) in the first quarter of the fiscal year 2016.
The net profit rose by 15% when compared to OMR 3.59 million ($9.3 million) in the first quarter of 2015, according to a bourse filing.
Total revenue increased in Q1-16 by 5.8% to OMR 2.02 million ($5.25 million) from OMR 1.91 million ($4.96 million) in Q1-15.
Total expenses also grew by 6.2% to OMR 1.72 million ($4.47 million) in the period, versus OMR 1.62 million ($4.21 million) a year earlier.
The Muscat-listed company earlier posted a net profit of OMR 3.5 million ($9.09 million) in Q4-15, against OMR 321,200 ($834,356) in Q4-14.
