Reported Earnings • Jul 25
Second quarter 2026 earnings released: EPS: ر.ع0.013 (vs ر.ع0.014 in 2Q 2025) Second quarter 2026 results: EPS: ر.ع0.013 (down from ر.ع0.014 in 2Q 2025). Revenue: ر.ع22.6m (up 9.6% from 2Q 2025). Net income: ر.ع2.94m (down 8.2% from 2Q 2025). Profit margin: 13% (down from 16% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Apr 14
First quarter 2026 earnings released: ر.ع0.01 loss per share (vs ر.ع0.007 loss in 1Q 2025) First quarter 2026 results: ر.ع0.01 loss per share (further deteriorated from ر.ع0.007 loss in 1Q 2025). Revenue: ر.ع14.4m (up 21% from 1Q 2025). Net loss: ر.ع2.23m (loss widened 38% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Ankündigung • Feb 23
Dhofar Generating Company SAOG, Annual General Meeting, Mar 17, 2026 Dhofar Generating Company SAOG, Annual General Meeting, Mar 17, 2026, at 17:00 Arabian Standard Time. Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: ر.ع0.002 (vs ر.ع0.007 in FY 2024) Full year 2025 results: EPS: ر.ع0.002 (down from ر.ع0.007 in FY 2024). Revenue: ر.ع65.3m (up 9.7% from FY 2024). Net income: ر.ع437.9k (down 70% from FY 2024). Profit margin: 0.7% (down from 2.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Jan 14
Full year 2025 earnings released: EPS: ر.ع0.002 (vs ر.ع0.007 in FY 2024) Full year 2025 results: EPS: ر.ع0.002 (down from ر.ع0.007 in FY 2024). Revenue: ر.ع65.3m (up 9.7% from FY 2024). Net income: ر.ع450.0k (down 69% from FY 2024). Profit margin: 0.7% (down from 2.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Price Target Changed • May 28
Price target decreased by 32% to ر.ع0.21 Down from ر.ع0.31, the current price target is provided by 1 analyst. New target price is 282% above last closing price of ر.ع0.055. Stock is down 24% over the past year. The company posted earnings per share of ر.ع0.0066 last year. Reported Earnings • Apr 16
First quarter 2025 earnings released: ر.ع0.007 loss per share (vs ر.ع0.008 loss in 1Q 2024) First quarter 2025 results: ر.ع0.007 loss per share (improved from ر.ع0.008 loss in 1Q 2024). Revenue: ر.ع11.9m (up 12% from 1Q 2024). Net loss: ر.ع1.62m (loss narrowed 9.4% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (4.8% average weekly change). Market cap is less than US$100m (ر.ع12.2m market cap, or US$31.7m). Board Change • Mar 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Abdul Al Kulaibi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 20
Dhofar Generating Company SAOG, Annual General Meeting, Mar 10, 2025 Dhofar Generating Company SAOG, Annual General Meeting, Mar 10, 2025, at 15:00 Arabian Standard Time. Board Change • Nov 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Abdul Al Kulaibi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 17
Second quarter 2024 earnings released: EPS: ر.ع0.016 (vs ر.ع0.017 in 2Q 2023) Second quarter 2024 results: EPS: ر.ع0.016. Revenue: ر.ع19.5m (up 15% from 2Q 2023). Net income: ر.ع3.50m (up 11% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Renewable Energy industry in Asia. Board Change • Apr 21
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Abdul Al Kulaibi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Apr 01
Now 23% undervalued Over the last 90 days, the stock has risen 170% to ر.ع0.10. The fair value is estimated to be ر.ع0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 15%. Reported Earnings • Nov 18
Third quarter 2023 earnings released: EPS: ر.ع0.007 (vs ر.ع0 in 3Q 2022) Third quarter 2023 results: EPS: ر.ع0.007 (up from ر.ع0 in 3Q 2022). Revenue: ر.ع13.7m (up 16% from 3Q 2022). Net income: ر.ع335.4k (up 336% from 3Q 2022). Profit margin: 2.4% (up from 0.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (4.8% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (ر.ع12.4m market cap, or US$32.3m). Reported Earnings • Apr 19
First quarter 2023 earnings released: ر.ع0.009 loss per share (vs ر.ع0.006 loss in 1Q 2022) First quarter 2023 results: ر.ع0.009 loss per share (further deteriorated from ر.ع0.006 loss in 1Q 2022). Revenue: ر.ع9.40m (up 14% from 1Q 2022). Net loss: ر.ع1.92m (loss widened 51% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Ankündigung • Feb 17
Dhofar Generating Company SAOG, Annual General Meeting, Mar 05, 2023 Dhofar Generating Company SAOG, Annual General Meeting, Mar 05, 2023, at 11:00 Coordinated Universal Time. Agenda: To consider and approve the Board of Director's Report for the financial year ended 31 December 2022; To consider and approve the Corporate Governance Report for the financial year ended 31 December 2022; to consider the Auditor's Report and to approve the Financial Statements of the Company for the financial year ended 31 December 2022; to ratify the payment of sitting fees to the Board of Directors and Sub-Committees for the financial year ended 31 December 2022 and to determine the sitting fees of the Board of Directors and Sub-Committees for the next financial year 31 December 2023; to notify the General Assembly with transactions carried out with related parties during the financial year ended 31 December 2022; to consider the amounts allocated and spent for the company's social responsibilities for the year ended on 31/12/2022; to consider other matters if any. Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: ر.ع0.009 (vs ر.ع0.013 in FY 2021) Full year 2022 results: EPS: ر.ع0.009 (down from ر.ع0.013 in FY 2021). Revenue: ر.ع47.0m (up 12% from FY 2021). Net income: ر.ع1.94m (down 32% from FY 2021). Profit margin: 4.1% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Board Change • Dec 15
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Omar Al Hassan was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 08
Dhofar Generating Company SAOG Announces Board Changes Dhofar Generating Company SAOG announced that it has resolved the following through a circular resolution of the Board of Directors on 5 December 2022: Pursuant to the request from Mr. Abdul Majid Sayed to resign as a member of the Board of the Company due personal reasons, it has been decided to accept his resignation with immediate effect. The Board has appointed Mr. Omar Al Hassan as a temporary director of the Company with immediate effect. Mr. Omar is holding master's in mechanical engineering. Currently he is CEO of Shuaa Energy 3 PSC since August 2020. Price Target Changed • Nov 16
Price target decreased to ر.ع0.21 Down from ر.ع0.31, the current price target is provided by 1 analyst. New target price is 357% above last closing price of ر.ع0.046. Stock is down 39% over the past year. The company posted earnings per share of ر.ع0.013 last year. Ankündigung • Aug 16
Dhofar Generating Company SAOG Announces Executive Changes Dhofar Generating Company SAOG (the "Company") advises the Capital Market Authority, the Muscat Stock Exchange and the investors' community that it has resolved the following through a circular resolution of the Board of Directors ("Board") on 11 August 2022: Pursuant to the request from Mr. Rohit Gokhale to resign as a member of the Board of the Company due to personal reasons, it has been decided to accept his resignation with immediate effect. Following Mr. Rohit Gokhale's resignation from the Board of the Company, the Board has appointed Mr. Ahsen Saeed as a temporary director of the Company with immediate effect. Mr. Ahsen is qualified senior management professional with more than 25 years of experience managing finance & accounts in leadership roles across diverse organizations. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: ر.ع0.015 (vs ر.ع0.02 in 2Q 2021) Second quarter 2022 results: EPS: ر.ع0.015 (down from ر.ع0.02 in 2Q 2021). Revenue: ر.ع15.6m (up 25% from 2Q 2021). Net income: ر.ع3.27m (down 28% from 2Q 2021). Profit margin: 21% (down from 37% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 3.7% compared to a 13% growth forecast for the industry in Oman. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
First quarter 2022 earnings released: ر.ع0.006 loss per share (vs ر.ع0.008 loss in 1Q 2021) First quarter 2022 results: ر.ع0.006 loss per share (up from ر.ع0.008 loss in 1Q 2021). Revenue: ر.ع8.23m (up 13% from 1Q 2021). Net loss: ر.ع1.27m (loss narrowed 30% from 1Q 2021). Over the next year, revenue is forecast to grow 1.6%, compared to a 13% growth forecast for the industry in Oman. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target decreased to ر.ع0.21 Down from ر.ع0.31, the current price target is provided by 1 analyst. New target price is 223% above last closing price of ر.ع0.065. Stock is down 57% over the past year. The company is forecast to post earnings per share of ر.ع0.013 for next year compared to ر.ع0.013 last year. Ankündigung • Apr 07
Dhofar Generating Company Announces Resignation of Mitsuru Yasuhara as Board Member Dhofar Generating Company SAOG has resolved through a circular resolution of the Board of Directors ("Board") on 6 April 2022. Pursuant to the request from Mr. Mitsuru Yasuhara to resign as a member of the Board of the Company due personal reasons, it has been decided to accept his resignation with immediate effect. Following Mr. Mitsuru Yasuhara's resignation from the Board of the Company, the Board has appointed Mr. Borker Parasramas a temporary director of the Company with immediate effect. Price Target Changed • Mar 01
Price target decreased to ر.ع0.21 Down from ر.ع0.31, the current price target is provided by 1 analyst. New target price is 289% above last closing price of ر.ع0.054. Stock is down 68% over the past year. The company is forecast to post earnings per share of ر.ع0.006 for next year compared to ر.ع0.013 last year. Ankündigung • Feb 22
Dhofar Generating Company SAOG, Annual General Meeting, Mar 10, 2022 Dhofar Generating Company SAOG, Annual General Meeting, Mar 10, 2022, at 11:00 Coordinated Universal Time. Location: Ruby, Grand Millennium Muscat Oman Agenda: To consider and approve the Board of Directors' report for the financial year ended December 31, 2021; to consider and approve the report on corporate governance for the financial year ended December 31, 2021; to consider and approve the auditor's report and the balance sheet and profit and loss account of the company for the financial year ended December 31, 2021; to ratify the payment of sitting fees to the Board of Directors and sub-committees for the financial year ended December 31, 2021 and to determine the sitting fees of the Board of Directors and sub-committees for the next financial year December 31, 2022; to notify the general assembly with transactions carried out with related parties during the financial year ended December 31, 2021; to notify the general assembly of donations disbursed to support community services during the financial year ended December 31, 2021; and to consider other matters. Reported Earnings • Feb 10
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: ر.ع0.013 (up from ر.ع0.007 in FY 2020). Revenue: ر.ع42.1m (up 3.8% from FY 2020). Net income: ر.ع2.84m (up 75% from FY 2020). Profit margin: 6.7% (up from 4.0% in FY 2020). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 15
Second quarter 2021 earnings released: EPS ر.ع0.02 (vs ر.ع0.014 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ر.ع12.5m (down 11% from 2Q 2020). Net income: ر.ع4.54m (up 47% from 2Q 2020). Profit margin: 37% (up from 22% in 2Q 2020). The increase in margin was driven by lower expenses. Reported Earnings • Apr 17
First quarter 2021 earnings released: ر.ع0.008 loss per share (vs ر.ع0.008 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: ر.ع7.26m (down 3.2% from 1Q 2020). Net loss: ر.ع1.82m (loss widened 8.4% from 1Q 2020). Ankündigung • Mar 15
Dhofar Generating Company Saog Announces Board Changes Dhofar Generating Company SAOG approved the appointment of Mr. Ahmad Syahrani Sulaiman as the Chairman of the Board. The Board unanimously approved the appointment of Mr. Rohit Chandrasekhar Gokhale as the Vice Chairman of the Board. The Board unanimously approved to appointment of Mr. Armughan Ashfaq as the Secretary of the Company. The Board unanimously approved the appointment of Mr. Said Ahmed Saad Safrar (Chairman), Mr. Abdul Majid Syed and Mr. Said Ali Mohammed Ba Omar as the members of the Board Audit Committee of the Company. The Board unanimously approved the appointment of Mr. Rohit Chandrasekhar Gokhale (Chairman), Mr. Ahmad Syahrani Sulaiman and Mr. Ahmed Hamed Saif Al Busaidi as the members of the Nomination and Remuneration Committee of the Company. Ankündigung • Feb 23
Dhofar Generating Company SAOG, Annual General Meeting, Mar 09, 2021 Dhofar Generating Company SAOG, Annual General Meeting, Mar 09, 2021, at 11:00 Coordinated Universal Time. Agenda: To consider and approve the Board of Director's Report for the financial year ended 31 December 2020; to consider and approve the Corporate Governance Report for the financial year ended 31 December 2020; to consider and approve the Auditor's report and the Balance Sheet and Profit and Loss Account of the Company for the financial year ended 31 December 2020; to ratify the payment of sitting fees to the Board of Directors and Sub-Committees for the financial year ended 31 December 2020; and to consider other matters. Reported Earnings • Jan 16
Full year 2020 earnings released: EPS ر.ع0.006 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ر.ع40.6m (up 1.6% from FY 2019). Net income: ر.ع1.42m (up 118% from FY 2019). Profit margin: 3.5% (up from 1.6% in FY 2019). The increase in margin was primarily driven by higher revenue. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ع1.04m, up 11% from the prior year. Total revenue was ر.ع41.2m over the last 12 months, up 3.8% from the prior year. Reported Earnings • Oct 14
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ع1.04m, up 11% from the prior year. Total revenue was ر.ع41.2m over the last 12 months, up 3.8% from the prior year. Ankündigung • Oct 10
Dhofar Generating Company SAOG Announces Board Changes Dhofar Generating Company SAOG advised that it has resolved the following through a circular resolution of the Board of Directors on October 7, 2020, pursuant to the request from Ms. Misato Morishima to resign from the office of a Director of the Board of Directors of the company, it has been decided to accept her resignation with immediate effect. Following Ms. Misato Morishima's resignation from the Board of the Company, the Board has appointed Mr. Ahmed Sulaiman as a temporary director of the company with immediate effect. Mr. Ahmed Sulaiman is also appointed as a member of the Board Audit Committee with immediate effect.