Reported Earnings • Apr 15
First quarter 2026 earnings released: EPS: ر.ع0.01 (vs ر.ع0.009 in 1Q 2025) First quarter 2026 results: EPS: ر.ع0.01 (up from ر.ع0.009 in 1Q 2025). Revenue: ر.ع1.33m (up 5.2% from 1Q 2025). Net income: ر.ع179.9k (up 21% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year and the company’s share price has also increased by 65% per year. Upcoming Dividend • Mar 10
Upcoming dividend of ر.ع0.013 per share Eligible shareholders must have bought the stock before 17 March 2026. Payment date: 25 March 2026. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Omani dividend payers (6.1%). Higher than average of industry peers (2.7%). Declared Dividend • Feb 06
Dividend increased to ر.ع0.013 Dividend of ر.ع0.013 is 25% higher than last year. Ex-date: 17th March 2026 Payment date: 25th March 2026 Dividend yield will be 5.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 18% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 05
Muscat Thread Mills SAOG announces Annual dividend, payable on March 25, 2026 Muscat Thread Mills SAOG announced Annual dividend of OMR 0.0125 per share payable on March 25, 2026, ex-date on March 17, 2026 and record date on March 16, 2026. Announcement • Feb 04
Muscat Thread Mills SAOG, Annual General Meeting, Mar 16, 2026 Muscat Thread Mills SAOG, Annual General Meeting, Mar 16, 2026. Reported Earnings • Jan 15
Full year 2025 earnings released Full year 2025 results: Revenue: ر.ع4.56m (up 6.6% from FY 2024). Net income: ر.ع399.6k (up 9.3% from FY 2024). Profit margin: 8.8% (up from 8.5% in FY 2024). The increase in margin was driven by higher revenue. Board Change • Dec 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Himansu Mohapatra was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Himansu Mohapatra was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 15
First quarter 2025 earnings released: EPS: ر.ع0.008 (vs ر.ع0.006 in 1Q 2024) First quarter 2025 results: EPS: ر.ع0.008 (up from ر.ع0.006 in 1Q 2024). Revenue: ر.ع1.26m (up 22% from 1Q 2024). Net income: ر.ع148.2k (up 42% from 1Q 2024). Profit margin: 12% (up from 10% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Mar 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Himansu Mohapatra was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Mar 04
Muscat Thread Mills SAOG Approves Cash Dividend for the Financial Year Ended December 31, 2024 Muscat Thread Mills SAOG announced AGM held on March 03, 2025 where the board approved cash dividend to the shareholders, as on the date of the meeting, amounting to OMR 0.010 for each share for the financial year ended December 31, 2024. Announcement • Feb 13
Muscat Thread Mills SAOG Proposes Cash Dividend for the Financial Year Ended December 31, 2024 Muscat Thread Mills SAOG announced AGM to be held on March 03, 2025 where the board proposed cash dividend to the shareholders, as on the date of the meeting, amounting to OMR 0.010 for each share for the financial year ended December 31, 2024. Announcement • Feb 04
Muscat Thread Mills SAOG, Annual General Meeting, Mar 03, 2025 Muscat Thread Mills SAOG, Annual General Meeting, Mar 03, 2025. Board Change • Nov 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Himansu Mohapatra was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 16
Third quarter 2024 earnings released: EPS: ر.ع0.007 (vs ر.ع0.004 in 3Q 2023) Third quarter 2024 results: EPS: ر.ع0.007 (up from ر.ع0.004 in 3Q 2023). Revenue: ر.ع1.17m (up 36% from 3Q 2023). Net income: ر.ع108.4k (up 56% from 3Q 2023). Profit margin: 9.2% (up from 8.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. New Risk • Sep 30
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 4.6% 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 Market cap is less than US$10m (ر.ع2.03m market cap, or US$5.28m). Minor Risk Share price has been volatile over the past 3 months (4.6% average weekly change). Reported Earnings • Jul 17
Second quarter 2024 earnings released: EPS: ر.ع0.007 (vs ر.ع0.002 loss in 2Q 2023) Second quarter 2024 results: EPS: ر.ع0.007 (up from ر.ع0.002 loss in 2Q 2023). Revenue: ر.ع1.06m (up 45% from 2Q 2023). Net income: ر.ع118.8k (up ر.ع149.6k from 2Q 2023). Profit margin: 11% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Jul 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Omani stocks, typically moving 6.0% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$10m (ر.ع1.64m market cap, or US$4.26m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Apr 18
First quarter 2024 earnings released: EPS: ر.ع0.006 (vs ر.ع0.001 in 1Q 2023) First quarter 2024 results: EPS: ر.ع0.006 (up from ر.ع0.001 in 1Q 2023). Revenue: ر.ع1.03m (up 24% from 1Q 2023). Net income: ر.ع104.0k (up ر.ع92.5k from 1Q 2023). Profit margin: 10% (up from 1.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. New Risk • Apr 17
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 6.9% 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 Market cap is less than US$10m (ر.ع1.33m market cap, or US$3.45m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Jan 16
Full year 2023 earnings released: EPS: ر.ع0.007 (vs ر.ع0.001 in FY 2022) Full year 2023 results: EPS: ر.ع0.007 (up from ر.ع0.001 in FY 2022). Revenue: ر.ع3.28m (down 9.3% from FY 2022). Net income: ر.ع119.8k (up ر.ع106.3k from FY 2022). Profit margin: 3.6% (up from 0.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Feb 09
Muscat Thread Mills SAOG, Annual General Meeting, Mar 02, 2023 Muscat Thread Mills SAOG, Annual General Meeting, Mar 02, 2023, at 11:00 Coordinated Universal Time. Agenda: To consider and approve the board of directors' report on the activities of the company and its financial status for the financial year ended 31 December 2022; to consider and approve the Company's Corporate Governance Report for the financial year ended on 31/12/2022; to consider and approve the Board of Directors performance report for the financial year ended 31/12/2022; to consider the auditor's report and approve the balance sheet and profit and loss account for the financial year ended on 31/12/2022; to approve sitting fees of the Board and Committee meetings paid to the Board Members for the previous financial year and to determine the sitting fees for the upcoming financial year; to consider the appointment of the Auditors for the Company for the financial year ending 31/12/ 2023 and approve their fees; and to transact other matters. Reported Earnings • Jan 18
Full year 2022 earnings released: EPS: ر.ع0.001 (vs ر.ع0.005 in FY 2021) Full year 2022 results: EPS: ر.ع0.001 (down from ر.ع0.005 in FY 2021). Revenue: ر.ع3.62m (down 2.1% from FY 2021). Net income: ر.ع13.5k (down 82% from FY 2021). Profit margin: 0.4% (down from 2.0% in FY 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Himansu Mohapatra was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Himansu Mohapatra was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ر.ع0.005 (up from ر.ع0.002 loss in FY 2020). Revenue: ر.ع3.70m (up 33% from FY 2020). Net income: ر.ع75.5k (up ر.ع113.7k from FY 2020). Profit margin: 2.0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 16
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ر.ع860.6k (up 59% from 2Q 2020). Net income: ر.ع34.2k (up ر.ع102.0k from 2Q 2020). Profit margin: 4.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. 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. Reported Earnings • Apr 19
First quarter 2021 earnings released: EPS ر.ع0.003 (vs ر.ع0.003 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ر.ع930.3k (up 46% from 1Q 2020). Net income: ر.ع50.7k (up ر.ع101.7k from 1Q 2020). Profit margin: 5.4% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. 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 • Feb 04
Full year 2020 earnings released: ر.ع0.002 loss per share (vs ر.ع0.007 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ر.ع2.78m (down 24% from FY 2019). Net loss: ر.ع38.2k (down 134% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 91% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Oct 17
Third quarter earnings released Over the last 12 months the company has reported total losses of ر.ع79.3k, with earnings decreasing by ر.ع150.4k from the prior year. Total revenue was ر.ع2.77m over the last 12 months, down 22% from the prior year.