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Thu 30 Jul 2009 09:33 AM

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Oman International Bank records $14.10m Q2 profit

Lender's net profits for the period are reported to be down 11.4% on last year.

Oman International Bank records $14.10m Q2 profit

Oman International Bank reported a second-quarter net profit of OR5.43m ($14.10m), according to Reuters calculations, down 11.4 percent from the year-earlier period.

The company made a net profit of OR11.8m in the first half of the year, compared with OR15.3m a year earlier, the firm said in a statement, without offering a breakdown of quarterly data.

Reuters calculated the quarterly profit based on previous financial statements. Oman International Bank reported net profit attributable to shareholders of OR6.13m in the second quarter of 2008 and OR6.37m in the first quarter of this year. (Reuters)

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