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Ominvest s net profit rises to OMR33 7 million

Ominvest s net profit rises to OMR33.7 million By: Times News Service Muscat: Oman International Development and Investment Company SAOG (Ominvest), one of the oldest and the largest investment company in the Sultanate, announced its initial unaudited financial results for the year ended 31 December 2020. The financial results are subject to statutory audit, review by the Audit and Control Committee, and approval of the Board of Directors of Ominvest. At the group level, net profit attributable to the shareholders of Ominvest rose by 5 per cent to OMR33.7 million, whereas Net profit at the parent company level rose by 6 per cent to OMR38.1 million, compared to the previous year.

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