Board Change • May 20
High number of new directors Deputy Chairperson of the Board Lamia Saud Al Ansi was the last director to join the board, commencing their role in 2025. Board Change • Apr 22
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Chairperson Fatma Yousuf Al Ibrahim is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 14
Full year 2025 earnings released: ر.ع0.069 loss per share (vs ر.ع0.089 loss in FY 2024) Full year 2025 results: ر.ع0.069 loss per share (improved from ر.ع0.089 loss in FY 2024). Net loss: ر.ع984.1k (loss narrowed 22% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Mar 09
Dhofar Tourism Company SAOG, Annual General Meeting, Mar 26, 2026 Dhofar Tourism Company SAOG, Annual General Meeting, Mar 26, 2026, at 15:00 Arabian Standard Time. Board Change • Feb 25
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Chairperson Fatma Yousuf Al Ibrahim is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 05
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Chairperson Fatma Yousuf Al Ibrahim is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jan 20
Dhofar Tourism Company SAOG Announces Executive Changes Dhofar Tourism Company SAOG announced the appointment of Mr. Aftab Ali Khan as the new Head of Internal Audit. Mr. Khan succeeds Mr. Muhammad Ali Sheikh, following the conclusion of his tenure with the Company. Mr. Aftab Ali Khan is a distinguished professional in Internal Audit and Risk Advisory, bringing over 18 years of progressive experience across various industries. He holds an extensive portfolio of international certifications, demonstrating a deep expertise in audit, risk management, information systems, and business management. Board Change • May 28
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Chairperson Fatma Yousuf Al Ibrahim is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 16
First quarter 2025 earnings released: ر.ع0.004 loss per share (vs ر.ع0 in 1Q 2024) First quarter 2025 results: ر.ع0.004 loss per share (further deteriorated from ر.ع0 in 1Q 2024). Net loss: ر.ع61.5k (loss widened ر.ع60.7k from 1Q 2024). 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 25% per year, which means it is well ahead of earnings. New Risk • Mar 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -ر.ع540k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ر.ع540k free cash flow). Earnings have declined by 42% per year over the past 5 years. Minor Risks Revenue is less than US$5m (ر.ع1.7m revenue, or US$4.3m). Market cap is less than US$100m (ر.ع13.7m market cap, or US$35.6m). Announcement • Mar 10
Dhofar Tourism Company SAOG, Annual General Meeting, Mar 26, 2025 Dhofar Tourism Company SAOG, Annual General Meeting, Mar 26, 2025, at 15:00 Arabian Standard Time. Board Change • Mar 06
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Chairperson Fatma Yousuf Al Ibrahim is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 19
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Chairperson Fatma Yousuf Al Ibrahim is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 15
Third quarter 2024 earnings released: ر.ع0.029 loss per share (vs ر.ع0.015 loss in 3Q 2023) Third quarter 2024 results: ر.ع0.029 loss per share. Net loss: ر.ع406.3k (flat on 3Q 2023). Reported Earnings • Jul 17
Second quarter 2024 earnings released: ر.ع0.016 loss per share (vs ر.ع0.015 loss in 2Q 2023) Second quarter 2024 results: ر.ع0.016 loss per share (further deteriorated from ر.ع0.015 loss in 2Q 2023). Net loss: ر.ع437.9k (loss widened 1.4% from 2Q 2023). 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 25% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: ر.ع0 (vs ر.ع0.006 loss in 1Q 2023) First quarter 2024 results: EPS: ر.ع0 (improved from ر.ع0.006 loss in 1Q 2023). Net income: ر.ع12.0k (up ر.ع187.8k from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • Mar 17
Full year 2023 earnings released: ر.ع0.026 loss per share (vs ر.ع0.044 loss in FY 2022) Full year 2023 results: ر.ع0.026 loss per share (improved from ر.ع0.044 loss in FY 2022). Net loss: ر.ع717.9k (loss narrowed 41% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. New Risk • Dec 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -ر.ع1.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ر.ع1.0m free cash flow). Earnings have declined by 66% per year over the past 5 years. Minor Risks Revenue is less than US$5m (ر.ع963k revenue, or US$2.5m). Market cap is less than US$100m (ر.ع13.7m market cap, or US$35.6m). Announcement • Nov 23
Dhofar Tourism Company SAOG Announces the Resignation of Amer Ahmed Ali AlRawas as Director Dhofar Tourism Company SAOG announced the resignation of Mr. Amer Ahmed Ali AlRawas from the Board of Directors of the company for personal reasons, effective November 21, 2023. Announcement • May 16
Dhofar Tourism Company SAOG, Annual General Meeting, May 29, 2023 Dhofar Tourism Company SAOG, Annual General Meeting, May 29, 2023, at 11:00 Coordinated Universal Time. Agenda: To consider Permission to amend the Company's Statute in respect of Article (6). Wth a view to reducing the number of members of the Board of Directors of Dhofar Tourism Company SAOG from (7) to (5) members and approving it; and to consider voting new board members for the company due to the resignations that were presented to the company and the vacancy of (3) members, and it shall be from shareholders and non- shareholders. Board Change • Sep 02
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. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Alawi Yousuf Alawi Al Ibrahim 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 • Mar 30
Full year 2020 earnings released: EPS ر.ع0.008 (vs ر.ع0.047 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ر.ع383.8k (down 33% from FY 2019). Net income: ر.ع219.8k (down 83% from FY 2019). Profit margin: 57% (down from 233% in FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jan 19
Full year 2020 earnings released: EPS ر.ع0.045 Full year 2020 results: Net income: ر.ع1.26m (down 5.3% from FY 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Oct 16
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ع1.64m, down 22% from the prior year. 
