Al Maha Q3 Performance - Sales Increased by 23%

The Board of Directors of Al Maha Petroleum Products Marketing Co. SAOG has approved the unaudited financial statements of Jan-September 2011 in its meeting held on 24 October 2011.

The net profit achieved in Jan-Sep 2011 was RO 6.86 million compared with RO 5.41 million reported for the same period of 2010, registering an increase of 27% due to the increase in gross profit & other income.

Sales have increased by RO 36.69 million (23%), from RO 161.21 million in Jan-Sep 2010 to RO 197.90 million in the same period of 2011 due to the increase in retail sales, commercial sales & aviation fuel sales.

 Al Maha Sales Graph Q3-2011