Unaudited Financial Statement for the period Jan-Sep 2016

Total sales during Jan-Sep 2016 has increased to RO 294.9 million from RO 262.4 million, an increase of RO 32.5 Million (12%).

Retail sales increased during the period mainly due to increase in domestic fuel prices from mid Jan 2016, despite drop in product demand mainly in the border areas. Continuing our focus on increasing filling stations net work throughout Oman, 5 new filling stations have been opened during the period taking the number of filling stations to 198, with another 4 filling stations in various stages of construction.

Commercial sales increased further due to the increased demand from the public utility sector and other major customers. With the Government continuing its focus on infrastructure development, we look forward positive growth in this segment.

Aviation sales volume registered a positive growth during the period due to increased fuel supplies to Oman Air & other commercial airlines operating in the Muscat International airport.

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