View ValuationGalfar Engineering & Contracting SAOG 향후 성장Future 기준 점검 0/6Galfar Engineering & Contracting SAOG 의 EPS는 7.6% 만큼 쇠퇴할 것으로 예상됩니다.핵심 정보n/a이익 성장률-7.57%EPS 성장률Construction 이익 성장13.7%매출 성장률n/a향후 자기자본이익률n/a애널리스트 커버리지None마지막 업데이트n/a최근 향후 성장 업데이트Price Target Changed • Dec 09Price target decreased by 35% to ر.ع0.066Down from ر.ع0.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ر.ع0.066. Stock is down 27% over the past year. The company posted a net loss per share of ر.ع0.013 last year.Major Estimate Revision • Jan 05Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.ع0.009 to ر.ع0.008. Revenue forecast unchanged from ر.ع234.0m at last update. Net income forecast to grow 62% next year vs 27% growth forecast for Construction industry in Oman. Consensus price target of ر.ع0.20 unchanged from last update. Share price fell 2.4% to ر.ع0.17 over the past week.Price Target Changed • Nov 07Price target decreased by 12% to ر.ع0.20Down from ر.ع0.23, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ر.ع0.16. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of ر.ع0.009 for next year compared to ر.ع0.0045 last year.Price Target Changed • Oct 18Price target increased by 12% to ر.ع0.23Up from ر.ع0.20, the current price target is provided by 1 analyst. New target price is 42% above last closing price of ر.ع0.16. Stock is down 0.6% over the past year. The company is forecast to post earnings per share of ر.ع0.013 for next year compared to ر.ع0.0045 last year.모든 업데이트 보기Recent updatesReported Earnings • Apr 16First quarter 2026 earnings released: EPS: ر.ع0.005 (vs ر.ع0.002 loss in 1Q 2025)First quarter 2026 results: EPS: ر.ع0.005 (up from ر.ع0.002 loss in 1Q 2025). Revenue: ر.ع70.8m (up 12% from 1Q 2025). Net income: ر.ع1.57m (up ر.ع2.25m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Apr 03Galfar Engineering & Contracting SAOG Approves Board ElectionsGalfar Engineering & Contracting SAOG at its Annual General Meeting of the shareholders held on 31 March 2026 approved the election of the following members as the new Board of Directors of the Company for a term of 3 years from 2026-2029: Mr. Asim Salim Ali Al Ghailani, Engr. Qais Mohammed Rashid Al Fannah Al Araimi and Mr. Seetharaman Sreedharan as Director.New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Large one-off items impacting financial results.New Risk • Mar 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change).Reported Earnings • Mar 13Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.013 loss in FY 2024). Revenue: ر.ع285.6m (flat on FY 2024). Net income: ر.ع5.20m (up ر.ع9.06m from FY 2024). Profit margin: 1.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • Mar 12Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026.Reported Earnings • Jan 17Full year 2025 earnings released: ر.ع0.003 loss per share (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: ر.ع0.003 loss per share (improved from ر.ع0.013 loss in FY 2024). Revenue: ر.ع5.65m (down 98% from FY 2024). Net loss: ر.ع855.2k (loss narrowed 78% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.New Risk • Jan 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Omani stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Price Target Changed • Dec 09Price target decreased by 35% to ر.ع0.066Down from ر.ع0.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ر.ع0.066. Stock is down 27% over the past year. The company posted a net loss per share of ر.ع0.013 last year.Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Apr 17First quarter 2025 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 profit in 1Q 2024)First quarter 2025 results: ر.ع0.002 loss per share (down from ر.ع0.001 profit in 1Q 2024). Revenue: ر.ع63.2m (down 4.0% from 1Q 2024). Net loss: ر.ع675.0k (down 441% from profit in 1Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 15Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ر.ع0.013 loss per share (down from ر.ع0.001 profit in FY 2023). Revenue: ر.ع286.0m (up 14% from FY 2023). Net loss: ر.ع3.86m (down ر.ع4.03m from profit in FY 2023). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.공시 • Mar 11Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025, at 17:00 Arabian Standard Time.Board Change • Mar 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Nov 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 27Third quarter 2024 earnings released: ر.ع0.016 loss per share (vs ر.ع0.002 profit in 3Q 2023)Third quarter 2024 results: ر.ع0.016 loss per share (down from ر.ع0.002 profit in 3Q 2023). Revenue: ر.ع71.9m (up 15% from 3Q 2023). Net loss: ر.ع4.59m (down ر.ع5.16m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 4.1% 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. This is currently the only risk that has been identified for the company.New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 6.4% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 19First quarter 2024 earnings released: EPS: ر.ع0.001 (vs ر.ع0.002 in 1Q 2023)First quarter 2024 results: EPS: ر.ع0.001 (down from ر.ع0.002 in 1Q 2023). Revenue: ر.ع65.9m (up 13% from 1Q 2023). Net income: ر.ع202.0k (down 54% from 1Q 2023). Profit margin: 0.3% (down from 0.8% in 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.ع0.001 (down from ر.ع0.004 in FY 2022). Revenue: ر.ع249.9m (up 41% from FY 2022). Net income: ر.ع168.0k (down 87% from FY 2022). Profit margin: 0.1% (down from 0.7% in FY 2022). Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) missed analyst estimates by 88%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.공시 • Mar 14Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024, at 13:00 Coordinated Universal Time. Agenda: To consider and approve the Board of Director's Report for the financial year ended 31 December 2023; to consider and approve the Corporate Governance Report for the financial year ended 31 December 2023; to consider and approve the Auditor's Report, Balance Sheet and Profit & Loss Account for the fiscal year ended 31/12/2023; to inform the Annual General Meeting of the transactions entered into by the company with related parties during the fiscal year ended 31/12/2023; to consider and approve the sitting fees for the Board of Directors and its Sub-committees drawn by the members of the Board during previous fiscal year- 2023 and to fix the sitting fees for the current fiscal year 2024; to inform the Annual General Meeting on the amounts spent for supporting corporate social activities during the fiscal year ended 31/12/2023.Major Estimate Revision • Jan 05Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.ع0.009 to ر.ع0.008. Revenue forecast unchanged from ر.ع234.0m at last update. Net income forecast to grow 62% next year vs 27% growth forecast for Construction industry in Oman. Consensus price target of ر.ع0.20 unchanged from last update. Share price fell 2.4% to ر.ع0.17 over the past week.Reported Earnings • Nov 18Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ر.ع62.6m (up 42% from 3Q 2022). Net income: ر.ع571.0k (up ر.ع1.26m from 3Q 2022). Profit margin: 0.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 07Price target decreased by 12% to ر.ع0.20Down from ر.ع0.23, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ر.ع0.16. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of ر.ع0.009 for next year compared to ر.ع0.0045 last year.Price Target Changed • Oct 18Price target increased by 12% to ر.ع0.23Up from ر.ع0.20, the current price target is provided by 1 analyst. New target price is 42% above last closing price of ر.ع0.16. Stock is down 0.6% over the past year. The company is forecast to post earnings per share of ر.ع0.013 for next year compared to ر.ع0.0045 last year.Reported Earnings • Mar 17Full year 2022 earnings released: EPS: ر.ع0.004 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.004 (in line with FY 2021). Revenue: ر.ع177.6m (down 5.5% from FY 2021). Net income: ر.ع1.30m (up 2.0% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 16Full year 2022 earnings released: EPS: ر.ع0.005 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.005 (up from ر.ع0.004 in FY 2021). Revenue: ر.ع177.9m (down 5.4% from FY 2021). Net income: ر.ع1.33m (up 3.9% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 19Third quarter 2022 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 loss in 3Q 2021)Third quarter 2022 results: ر.ع0.002 loss per share (further deteriorated from ر.ع0.001 loss in 3Q 2021). Revenue: ر.ع44.1m (up 4.9% from 3Q 2021). Net loss: ر.ع687.0k (loss widened 295% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ر.ع0.003 (vs ر.ع0 in 2Q 2021)Second quarter 2022 results: EPS: ر.ع0.003 (up from ر.ع0 in 2Q 2021). Revenue: ر.ع41.0m (down 22% from 2Q 2021). Net income: ر.ع728.0k (up ر.ع867.0k from 2Q 2021). Profit margin: 1.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the Construction industry in Oman. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 21First quarter 2022 earnings released: EPS: ر.ع0 (vs ر.ع0.005 in 1Q 2021)First quarter 2022 results: EPS: ر.ع0 (down from ر.ع0.005 in 1Q 2021). Revenue: ر.ع37.5m (down 27% from 1Q 2021). Net income: ر.ع68.0k (down 95% from 1Q 2021). Profit margin: 0.2% (down from 2.9% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ر.ع0.004 (up from ر.ع0.097 loss in FY 2020). Revenue: ر.ع187.9m (down 10.0% from FY 2020). Net income: ر.ع1.28m (up ر.ع29.5m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 18Third quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.025 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: ر.ع42.0m (flat on 3Q 2020). Net loss: ر.ع174.0k (loss narrowed 98% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Executive Departure • Sep 25Independent Non Executive Director Kalat Ghuloom Al Bulooshi has left the companyOn the 19th of September, Kalat Ghuloom Al Bulooshi's tenure as Independent Non Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Kalat Ghuloom's name. Kalat Ghuloom is the only executive to leave the company over the last 12 months.Reported Earnings • Aug 18Second quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.008 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were flat. Second quarter 2021 results: Revenue: ر.ع52.3m (flat on 2Q 2020). Net loss: ر.ع139.0k (loss narrowed 96% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 17First quarter 2021 earnings released: EPS ر.ع0.004 (vs ر.ع0.018 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ر.ع51.5m (down 12% from 1Q 2020). Net income: ر.ع1.48m (up ر.ع9.14m from 1Q 2020). Profit margin: 2.9% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 20Full year 2020 earnings released: ر.ع0.068 loss per share (vs ر.ع0.052 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ر.ع208.9m (down 16% from FY 2019). Net loss: ر.ع28.3m (loss widened 31% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Jan 19Full year 2020 earnings released: ر.ع0.053 loss per shareThe company reported a poor full year result with increased losses and weaker revenues and control over expenses. Full year 2020 results: Revenue: ر.ع209.8m (down 16% from FY 2019). Net loss: ر.ع21.8m (loss widened 1.5% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 16Third quarter 2020 earnings released: ر.ع0.025 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ر.ع41.7m (down 33% from 3Q 2019). Net loss: ر.ع10.3m (loss widened ر.ع10.0m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total losses of ر.ع44.6m, with earnings decreasing by ر.ع47.4m from the prior year. Total revenue was ر.ع211.7m over the last 12 months, down 21% from the prior year.이익 및 매출 성장 예측MSM:GECS - 애널리스트 향후 추정치 및 과거 재무 데이터 (OMR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20262937N/AN/AN/A12/31/20252865835N/A9/30/2025276-1737N/A6/30/2025281-41540N/A3/31/2025283-51040N/A12/31/2024286-4-919N/A9/30/2024272-3-1914N/A6/30/20242630-1816N/A3/31/20242570-41-15N/A12/31/20232500-36-16N/A9/30/20232403-16-4N/A6/30/20232221-81N/A3/31/20231992-34N/A12/31/202217811321N/A9/30/202216501622N/A6/30/202216311924N/A3/31/202217402832N/A12/31/202118812729N/A9/30/2021202-62829N/A6/30/2021202-164243N/A3/31/2021202-193637N/A12/31/2020209-283537N/A9/30/2020212-455154N/A6/30/2020233-354246N/A3/31/2020243-303335N/A12/31/2019249-22N/A50N/A9/30/20192683N/A18N/A6/30/20192766N/A8N/A3/31/20192836N/A43N/A12/31/20182897N/A23N/A9/30/20182827N/A56N/A6/30/20182801N/A67N/A3/31/2018282-1N/A48N/A12/31/2017293-2N/A57N/A9/30/2017305-15N/A30N/A6/30/2017319-11N/A1N/A3/31/2017338-11N/A1N/A12/31/2016341-11N/A8N/A9/30/2016348-25N/A20N/A6/30/2016349-28N/A72N/A3/31/2016340-30N/A81N/A12/31/2015345-29N/A64N/A9/30/2015343-5N/A68N/A6/30/2015349-2N/A29N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: GECS 의 예상 수익 증가율이 절약률(15.1%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: GECS 의 수익이 OM 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: GECS 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: GECS 의 수익이 OM 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 매출: GECS 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: GECS의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/30 18:42종가2026/05/25 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Galfar Engineering & Contracting SAOG는 6명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mai AttiaEFG-Hermes ResearchEyad FarajGoldman SachsAlia El MehelmyHSBC3명의 분석가 더 보기
Price Target Changed • Dec 09Price target decreased by 35% to ر.ع0.066Down from ر.ع0.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ر.ع0.066. Stock is down 27% over the past year. The company posted a net loss per share of ر.ع0.013 last year.
Major Estimate Revision • Jan 05Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.ع0.009 to ر.ع0.008. Revenue forecast unchanged from ر.ع234.0m at last update. Net income forecast to grow 62% next year vs 27% growth forecast for Construction industry in Oman. Consensus price target of ر.ع0.20 unchanged from last update. Share price fell 2.4% to ر.ع0.17 over the past week.
Price Target Changed • Nov 07Price target decreased by 12% to ر.ع0.20Down from ر.ع0.23, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ر.ع0.16. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of ر.ع0.009 for next year compared to ر.ع0.0045 last year.
Price Target Changed • Oct 18Price target increased by 12% to ر.ع0.23Up from ر.ع0.20, the current price target is provided by 1 analyst. New target price is 42% above last closing price of ر.ع0.16. Stock is down 0.6% over the past year. The company is forecast to post earnings per share of ر.ع0.013 for next year compared to ر.ع0.0045 last year.
Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: ر.ع0.005 (vs ر.ع0.002 loss in 1Q 2025)First quarter 2026 results: EPS: ر.ع0.005 (up from ر.ع0.002 loss in 1Q 2025). Revenue: ر.ع70.8m (up 12% from 1Q 2025). Net income: ر.ع1.57m (up ر.ع2.25m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Apr 03Galfar Engineering & Contracting SAOG Approves Board ElectionsGalfar Engineering & Contracting SAOG at its Annual General Meeting of the shareholders held on 31 March 2026 approved the election of the following members as the new Board of Directors of the Company for a term of 3 years from 2026-2029: Mr. Asim Salim Ali Al Ghailani, Engr. Qais Mohammed Rashid Al Fannah Al Araimi and Mr. Seetharaman Sreedharan as Director.
New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Large one-off items impacting financial results.
New Risk • Mar 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change).
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.013 loss in FY 2024). Revenue: ر.ع285.6m (flat on FY 2024). Net income: ر.ع5.20m (up ر.ع9.06m from FY 2024). Profit margin: 1.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • Mar 12Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026.
Reported Earnings • Jan 17Full year 2025 earnings released: ر.ع0.003 loss per share (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: ر.ع0.003 loss per share (improved from ر.ع0.013 loss in FY 2024). Revenue: ر.ع5.65m (down 98% from FY 2024). Net loss: ر.ع855.2k (loss narrowed 78% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
New Risk • Jan 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Omani stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Price Target Changed • Dec 09Price target decreased by 35% to ر.ع0.066Down from ر.ع0.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ر.ع0.066. Stock is down 27% over the past year. The company posted a net loss per share of ر.ع0.013 last year.
Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Apr 17First quarter 2025 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 profit in 1Q 2024)First quarter 2025 results: ر.ع0.002 loss per share (down from ر.ع0.001 profit in 1Q 2024). Revenue: ر.ع63.2m (down 4.0% from 1Q 2024). Net loss: ر.ع675.0k (down 441% from profit in 1Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 15Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ر.ع0.013 loss per share (down from ر.ع0.001 profit in FY 2023). Revenue: ر.ع286.0m (up 14% from FY 2023). Net loss: ر.ع3.86m (down ر.ع4.03m from profit in FY 2023). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
공시 • Mar 11Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025, at 17:00 Arabian Standard Time.
Board Change • Mar 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Nov 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 27Third quarter 2024 earnings released: ر.ع0.016 loss per share (vs ر.ع0.002 profit in 3Q 2023)Third quarter 2024 results: ر.ع0.016 loss per share (down from ر.ع0.002 profit in 3Q 2023). Revenue: ر.ع71.9m (up 15% from 3Q 2023). Net loss: ر.ع4.59m (down ر.ع5.16m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 4.1% 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. This is currently the only risk that has been identified for the company.
New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 6.4% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 19First quarter 2024 earnings released: EPS: ر.ع0.001 (vs ر.ع0.002 in 1Q 2023)First quarter 2024 results: EPS: ر.ع0.001 (down from ر.ع0.002 in 1Q 2023). Revenue: ر.ع65.9m (up 13% from 1Q 2023). Net income: ر.ع202.0k (down 54% from 1Q 2023). Profit margin: 0.3% (down from 0.8% in 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.ع0.001 (down from ر.ع0.004 in FY 2022). Revenue: ر.ع249.9m (up 41% from FY 2022). Net income: ر.ع168.0k (down 87% from FY 2022). Profit margin: 0.1% (down from 0.7% in FY 2022). Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) missed analyst estimates by 88%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
공시 • Mar 14Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024, at 13:00 Coordinated Universal Time. Agenda: To consider and approve the Board of Director's Report for the financial year ended 31 December 2023; to consider and approve the Corporate Governance Report for the financial year ended 31 December 2023; to consider and approve the Auditor's Report, Balance Sheet and Profit & Loss Account for the fiscal year ended 31/12/2023; to inform the Annual General Meeting of the transactions entered into by the company with related parties during the fiscal year ended 31/12/2023; to consider and approve the sitting fees for the Board of Directors and its Sub-committees drawn by the members of the Board during previous fiscal year- 2023 and to fix the sitting fees for the current fiscal year 2024; to inform the Annual General Meeting on the amounts spent for supporting corporate social activities during the fiscal year ended 31/12/2023.
Major Estimate Revision • Jan 05Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.ع0.009 to ر.ع0.008. Revenue forecast unchanged from ر.ع234.0m at last update. Net income forecast to grow 62% next year vs 27% growth forecast for Construction industry in Oman. Consensus price target of ر.ع0.20 unchanged from last update. Share price fell 2.4% to ر.ع0.17 over the past week.
Reported Earnings • Nov 18Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ر.ع62.6m (up 42% from 3Q 2022). Net income: ر.ع571.0k (up ر.ع1.26m from 3Q 2022). Profit margin: 0.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 07Price target decreased by 12% to ر.ع0.20Down from ر.ع0.23, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ر.ع0.16. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of ر.ع0.009 for next year compared to ر.ع0.0045 last year.
Price Target Changed • Oct 18Price target increased by 12% to ر.ع0.23Up from ر.ع0.20, the current price target is provided by 1 analyst. New target price is 42% above last closing price of ر.ع0.16. Stock is down 0.6% over the past year. The company is forecast to post earnings per share of ر.ع0.013 for next year compared to ر.ع0.0045 last year.
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: ر.ع0.004 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.004 (in line with FY 2021). Revenue: ر.ع177.6m (down 5.5% from FY 2021). Net income: ر.ع1.30m (up 2.0% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 16Full year 2022 earnings released: EPS: ر.ع0.005 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.005 (up from ر.ع0.004 in FY 2021). Revenue: ر.ع177.9m (down 5.4% from FY 2021). Net income: ر.ع1.33m (up 3.9% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 19Third quarter 2022 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 loss in 3Q 2021)Third quarter 2022 results: ر.ع0.002 loss per share (further deteriorated from ر.ع0.001 loss in 3Q 2021). Revenue: ر.ع44.1m (up 4.9% from 3Q 2021). Net loss: ر.ع687.0k (loss widened 295% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ر.ع0.003 (vs ر.ع0 in 2Q 2021)Second quarter 2022 results: EPS: ر.ع0.003 (up from ر.ع0 in 2Q 2021). Revenue: ر.ع41.0m (down 22% from 2Q 2021). Net income: ر.ع728.0k (up ر.ع867.0k from 2Q 2021). Profit margin: 1.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the Construction industry in Oman. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 21First quarter 2022 earnings released: EPS: ر.ع0 (vs ر.ع0.005 in 1Q 2021)First quarter 2022 results: EPS: ر.ع0 (down from ر.ع0.005 in 1Q 2021). Revenue: ر.ع37.5m (down 27% from 1Q 2021). Net income: ر.ع68.0k (down 95% from 1Q 2021). Profit margin: 0.2% (down from 2.9% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ر.ع0.004 (up from ر.ع0.097 loss in FY 2020). Revenue: ر.ع187.9m (down 10.0% from FY 2020). Net income: ر.ع1.28m (up ر.ع29.5m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 18Third quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.025 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: ر.ع42.0m (flat on 3Q 2020). Net loss: ر.ع174.0k (loss narrowed 98% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Executive Departure • Sep 25Independent Non Executive Director Kalat Ghuloom Al Bulooshi has left the companyOn the 19th of September, Kalat Ghuloom Al Bulooshi's tenure as Independent Non Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Kalat Ghuloom's name. Kalat Ghuloom is the only executive to leave the company over the last 12 months.
Reported Earnings • Aug 18Second quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.008 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were flat. Second quarter 2021 results: Revenue: ر.ع52.3m (flat on 2Q 2020). Net loss: ر.ع139.0k (loss narrowed 96% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 17First quarter 2021 earnings released: EPS ر.ع0.004 (vs ر.ع0.018 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ر.ع51.5m (down 12% from 1Q 2020). Net income: ر.ع1.48m (up ر.ع9.14m from 1Q 2020). Profit margin: 2.9% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 20Full year 2020 earnings released: ر.ع0.068 loss per share (vs ر.ع0.052 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ر.ع208.9m (down 16% from FY 2019). Net loss: ر.ع28.3m (loss widened 31% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jan 19Full year 2020 earnings released: ر.ع0.053 loss per shareThe company reported a poor full year result with increased losses and weaker revenues and control over expenses. Full year 2020 results: Revenue: ر.ع209.8m (down 16% from FY 2019). Net loss: ر.ع21.8m (loss widened 1.5% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 16Third quarter 2020 earnings released: ر.ع0.025 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ر.ع41.7m (down 33% from 3Q 2019). Net loss: ر.ع10.3m (loss widened ر.ع10.0m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total losses of ر.ع44.6m, with earnings decreasing by ر.ع47.4m from the prior year. Total revenue was ر.ع211.7m over the last 12 months, down 21% from the prior year.