STO posts MVR 112 million as profits for the first quarter of the year; amping their profits by 30 percent compared to the same period last year.
The company earned MVR 77 million in the first quarter of last year.
Financial statements published by STO shows that in the first quarter STO had carried out trade worth MVR 1.2 billion and earning MVR 1.5 billion. Last year in the same period, STO had traded MVR 1.3 billion, earning MVR 1.6 billion.
