SMN Power Holding SAOG, together with its subsidiaries, engages in the power generation and water desalination businesses in the Sultanate of Oman. It operates the Al Rusail plant, a natural gas-fired power plant with a capacity of 1,343 megawatts; and the Barka II plant, an independent water and power plant with a water production capacity of 120,000 cubic meters per day. The company was incorporated in 2011 and is based in Muscat, the Sultanate of Oman. SMN Power Holding SAOG is a subsidiary of Oman United Insurance Company SAOG.
Omani Market Performance
7D7 Days: -1.1%
3M3 Months: 13.1%
1Y1 Year: 2.4%
YTDYear to Date: 3.7%
The Utilities sector gained 4.4% while the market remained flat over the last week. In line with that, the market has also been flat over the past year. Looking forward, earnings are forecast to grow by 9.8% annually. Market details ›
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