Sunday, 21 October 2012

Oman's Bank Dhofar third-quarter profit down, misses estimates | Reuters

Bank Dhofar BDOF.OM, Oman's third-largest bank by market capitalization, posted a 10.7-percent drop in third-quarter net profit on Sunday, missing analysts' expectations, Reuters calculations show.

The lender made a profit of 9.2 million rials ($23.9 million) in the three months to Sept 30, Reuters calculated, compared with a profit of 10.3 million rials in the prior-year period.

Analysts polled by Reuters had estimated an average quarterly profit of 10.1 million rials.

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