Oman’s Al Anwar posts 96% surge in 2013 net income

May 6, 2014 10:33 am

Oman’s Al Anwar Holding’s group has said its net profit for the year ended March 31, 2013 surged 96% to OR3.57m from OR1.82m in the previous year, Muscat Daily has reported. Net insurance income rose to OR1.65m from OR1.21m, while net investment income went up to OR4.38mn from OR2.71m. Operating expenses climbed 16% to OR2.03m in full-year 2013, compared with OR1.75m in the previous year, the firm said.