Sohar International reports drop in net profit

Sohar International reports drop in net profit

Sohar International Bank, Oman’s second-biggest bank by assets, has posted a drop in net profit in the first nine months of 2025. The bank reported a rise in operating expenses and a decline in operating income. The bottom line reached OR71 million ($185 million) from January to September, a fall of 7 percent year on year. Total operating income slipped by 1 percent year on year to OR181 million, mainly because of a drop in net interest income, …