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Total revenue.....falls 9.2pc

Salalah Port net profit down 5pc to $13m

MUSCAT, January 14, 2015

Salalah Port Services has reported a five per cent decline in net profit after tax to RO5.38 million ($13.9 million) for 2014, from RO5.66 million in the previous year, according to a report.

The total revenue also showed a 9.2 per cent fall, from RO58.5 million to OMR53.11 million during the period, said the Times of Oman report.

The port handled 3.03 million twenty equivalent units (TEUs) last year, against 3.34 million TEUs for the previous year, it said.

However, the port handled 10.31 million tonnes of general cargo against 7.94 million tonnes in the previous year, it added.




Tags: Salalah | profit | port | service | decline |

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