Muscat, April 12 -- Oman Airports and its subsidiaries reported a 45 percent increase in the net profit of RO23 million in 2023 and a growth of 27 percent in EBITDA (RO31 million).

The results released by the company on Monday showed that the number of flights increased in 2023 by 37.7 percent compared to 2022, while the number of passengers increased by 43.5 percent.

The number of shipments increased by seven percent in 2023 from the previous year.

The airports in Oman were served by 40 airlines (both scheduled and chartered), connecting to 146 destinations.

The company recorded a total revenue of RO124.4 million in 2023, compared to RO86.3 million in 2022.

"The EBITDA margin of Oman Airports stands at 24 percent, reflecting operati...