Dhofar Fisheries Q2 net loss declines

31/07/2010 00:00 AST

Dhofar Fisheries Industries Company SAOG (DFICO) achieved a turnover of RO 682,132 during the three months ended June 30, 2010, compared to RO 172,740 achieved during the same period of the last year; but still recorded a net loss RO 370,833 during these three months compared to the net loss of RO 547,303 during the same period last year.

Awad bin Mohammed Bamkhalef, Vice-Chairman, stated in a report of the company's second quarter performance that DFICO's total turnover stood at RO 1,057,729 during the half year ended June 30, 2010, compared to RO 276,590 achieved during the same period last year.

The total net loss during this half year stood at RO 802,109 compared to the net loss of RO 1,058,976 during the same period in 2009. The accumulated losses as at June 30, 2010 stand at RO 1,611,157, he stated.


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