Announcement • Apr 01
A'Sharqiya Investment Holding Co. (SAOG) Approves Board Appointments A'Sharqiya Investment Holding Co. (SAOG) at its AGM held on March 31, 2026, approved to elect Mr. Khalid Mohamed Rashid Al Fannah Al Araimi, Mr. Basheer Ahsan Ali Zaid, Mr. Said Salim Said Al Fannah Al Araimi as directors. Declared Dividend • Mar 12
Dividend increased to ر.ع0.006 Dividend of ر.ع0.006 is 20% higher than last year. Ex-date: 29th March 2026 Payment date: 1st January 1970 Dividend yield will be 5.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has not increased over the past 9 years but payments have been stable during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 11
A'Sharqiya Investment Holding Co. (SAOG) announces Annual dividend A'Sharqiya Investment Holding Co. (SAOG) announced Annual dividend of OMR 0.0060 per share, ex-date on March 29, 2026 and record date on March 28, 2026. Announcement • Mar 10
A'Sharqiya Investment Holding Co. (SAOG), Annual General Meeting, Mar 28, 2026 A'Sharqiya Investment Holding Co. (SAOG), Annual General Meeting, Mar 28, 2026. 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. 3 experienced directors. 4 highly experienced directors. Independent Non Executive Director Mubarak Juma Al Habsi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Jun 24
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 5.3% 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: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Share price has been volatile over the past 3 months (5.3% average weekly change). Revenue is less than US$5m (ر.ع1.1m revenue, or US$2.9m). Market cap is less than US$100m (ر.ع7.20m market cap, or US$18.7m). Announcement • May 13
A'Sharqiya Investment Holding Co. (SAOG) Appoints Mohammed Al Barami as Board Secretary A'Sharqiya Investment Holding Co. (SAOG) appointed Mr. Mohammed Al Barami as board secretary at its board meeting held on May 7, 2025. Declared Dividend • Mar 06
Dividend of ر.ع0.005 announced Dividend of ر.ع0.005 is the same as last year. Ex-date: 25th March 2025 Payment date: 1st January 1970 Dividend yield will be 6.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 4.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 27
A'Sharqiya Investment Holding Co. (SAOG) announces Annual dividend A'Sharqiya Investment Holding Co. (SAOG) announced Annual dividend of OMR 0.0050 per share, ex-date on March 25, 2025 and record date on March 24, 2025. Announcement • Feb 26
A'Sharqiya Investment Holding Co. (SAOG), Annual General Meeting, Mar 24, 2025 A'Sharqiya Investment Holding Co. (SAOG), Annual General Meeting, Mar 24, 2025. New Risk • Dec 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 74% Last year net profit margin: 177% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (74% net profit margin). Revenue is less than US$5m (ر.ع810k revenue, or US$2.1m). Market cap is less than US$100m (ر.ع6.21m market cap, or US$16.1m). Reported Earnings • Oct 16
Third quarter 2024 earnings released: EPS: ر.ع0 (vs ر.ع0 in 3Q 2023) Third quarter 2024 results: EPS: ر.ع0 (in line with 3Q 2023). Revenue: ر.ع191.0k (up 131% from 3Q 2023). Net income: ر.ع25.4k (up ر.ع42.6k from 3Q 2023). Profit margin: 13% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Jul 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 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 Earnings have declined by 1.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.8% average weekly change). Revenue is less than US$5m (ر.ع864k revenue, or US$2.2m). Market cap is less than US$100m (ر.ع7.11m market cap, or US$18.5m). New Risk • Feb 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 123% Paying a dividend despite having no free cash flows. Earnings have declined by 4.6% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Revenue is less than US$5m (ر.ع799k revenue, or US$2.1m). Market cap is less than US$100m (ر.ع6.57m market cap, or US$17.1m). Declared Dividend • Feb 28
Dividend of ر.ع0.005 announced Dividend of ر.ع0.005 is the same as last year. Ex-date: 25th March 2024 Payment date: 1st January 1970 Dividend yield will be 6.8%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 37% to bring the payout ratio under control. However, EPS has declined by 3.2% over the last 5 years so the company would need to reverse this trend. New Risk • Aug 23
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 112% The company is paying a dividend despite having no free cash flows. Dividend yield: 6.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 112% Paying a dividend despite having no free cash flows. Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Revenue is less than US$5m (ر.ع628k revenue, or US$1.6m). Market cap is less than US$100m (ر.ع6.48m market cap, or US$16.9m). Board Change • Feb 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. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Fadwa Salim Said Al Al Araimi 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 • Jan 18
Full year 2022 earnings released: EPS: ر.ع0.005 (vs ر.ع0.006 in FY 2021) Full year 2022 results: EPS: ر.ع0.005 (down from ر.ع0.006 in FY 2021). Revenue: ر.ع1.20m (up 116% from FY 2021). Net income: ر.ع489.3k (down 7.8% from FY 2021). Profit margin: 41% (down from 96% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: ر.ع0 (vs ر.ع0.001 in 2Q 2021) Second quarter 2022 results: EPS: ر.ع0 (down from ر.ع0.001 in 2Q 2021). Net income: ر.ع24.2k (down 67% from 2Q 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Announcement • Feb 26
A'Sharqiya Investment Holding Co. (SAOG), Annual General Meeting, Mar 20, 2022 A'Sharqiya Investment Holding Co. (SAOG), Annual General Meeting, Mar 20, 2022. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS ر.ع0.001 (vs ر.ع0.001 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ر.ع225.8k (up 8.9% from 2Q 2020). Net income: ر.ع73.9k (up 42% from 2Q 2020). Profit margin: 33% (up from 25% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Feb 24
Full year 2020 earnings released: EPS ر.ع0.006 (vs ر.ع0.006 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: ر.ع1.17m (flat on FY 2019). Net income: ر.ع528.8k (up 4.9% from FY 2019). Profit margin: 45% (up from 43% in FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 19
Full year 2020 earnings released: EPS ر.ع0.006 The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ر.ع1.17m (down 13% from FY 2019). Net income: ر.ع531.2k (up 5.4% from FY 2019). Profit margin: 46% (up from 37% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 18
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ع556.0k, up 13% from the prior year. Total revenue was ر.ع1.38m over the last 12 months, up 13% from the prior year.