Muscat Finance H1 Profits Fall by 10 percent

Muscat Finance Company (MFCI) experienced a 10% decline in profits during the first half of 2026, with net profits amounting to 468,000 rials compared to 520,000 rials in the same period of 2025. This decrease was due to a 0.56% rise in total expenses, which reached 3.94 million rials. The company also recorded an income tax of 82,000 rials during the first half of 2026, whereas it had no taxes in the same period of the previous year, despite its annual profits for 2025 increasing by 3.26% to reach 855,000 rials.

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