Oman Cables Industry SAOG reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was OMR 62.53 million compared to OMR 61.79 million a year ago. Net income was OMR 5.22 million compared to OMR 3.06 million a year ago. Basic earnings per share from continuing operations was OMR 0.058 compared to OMR 0.034 a year ago.
For the nine months, sales was OMR 188.52 million compared to OMR 197.76 million a year ago. Net income was OMR 14.64 million compared to OMR 7.97 million a year ago. Basic earnings per share from continuing operations was OMR 0.163 compared to OMR 0.089 a year ago.