Muscat stock firms see 12% profit rise in Q2
Muscat Securities Market companies achieved a net profit of 866.98 million Omani Riyals in the second quarter of 2026, representing a 12% increase compared to the previous year. During this period, 87% of companies reported profits. The industrial sector recorded the highest growth rate at 51%, followed by the financial sector at 13%, and the real estate and investment sectors approximately 11%. Conversely, the services sector declined by 4%. OQIOh emerged as the most profitable company, with a profit of 196.87 million Riyals. The financial sector remains the largest in terms of profit volume, recording 392 million Riyals, reflecting a diversification of revenue sources, high profitability levels, and improved financial performance of listed companies.
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