Reported Earnings • Apr 14
First quarter 2026 earnings released: EPS: ر.ع0.011 (vs ر.ع0.009 in 1Q 2025) First quarter 2026 results: EPS: ر.ع0.011 (up from ر.ع0.009 in 1Q 2025). Revenue: ر.ع18.3m (up 2.0% from 1Q 2025). Net income: ر.ع3.52m (up 18% from 1Q 2025). Profit margin: 19% (up from 17% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year. Announcement • Mar 28
Oman Cement Company SAOG Approves Cash Dividend for the Financial Year Ended 31 December 2025 Oman Cement Company SAOG at its Annual Ordinary General Meeting held on March 28, 2026 approved cash dividend of 46.54 baiza per share for the financial year ended 31st December 2025. Reported Earnings • Mar 14
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ر.ع0.025 (down from ر.ع0.034 in FY 2024). Revenue: ر.ع69.8m (up 2.6% from FY 2024). Net income: ر.ع8.30m (down 25% from FY 2024). Profit margin: 12% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 19% per year. Declared Dividend • Mar 01
Dividend reduced to ر.ع0.025 Dividend of ر.ع0.025 is 72% lower than last year. Ex-date: 29th March 2026 Payment date: 1st January 1970 Dividend yield will be 4.5%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (367% earnings payout ratio) nor is it covered by cash flows (209% cash payout ratio). The dividend has increased by an average of 12% 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 308% to bring the payout ratio under control. EPS is expected to grow by 12% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Feb 26
Oman Cement Company SAOG, Annual General Meeting, Mar 28, 2026 Oman Cement Company SAOG, Annual General Meeting, Mar 28, 2026. Announcement • Feb 25
Oman Cement Company SAOG Recommends Distribution of Cash Dividend for the Year Ended 31 December, 2025 Oman Cement Company SAOG at the Board of Directors meeting held on 24 February 2026 subject to the approval of shareholders in Annual General meeting scheduled to be held on 28 March 2026. Board of Directors has recommended distribution of Cash dividend for the Year ended on 31 December 2025 amounting to OMR 8.272 million representing 25 baiza per share of paid-up share capital. Cash dividend from retained earnings for the previous year's amounting to OMR 7.128 million representing 22 baiza per share of paid-up share capital. The total dividend distributable to the shareholders shall be OMR 15.4 million representing 46.54 baiza per share of the company's paid-up share capital. Reported Earnings • Jan 13
Full year 2025 earnings released: EPS: ر.ع0.027 (vs ر.ع0.034 in FY 2024) Full year 2025 results: EPS: ر.ع0.027 (down from ر.ع0.034 in FY 2024). Revenue: ر.ع70.9m (up 4.2% from FY 2024). Net income: ر.ع8.84m (down 21% from FY 2024). Profit margin: 13% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. Price Target Changed • Dec 08
Price target increased by 23% to ر.ع0.47 Up from ر.ع0.38, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ر.ع0.48. Stock is up 29% over the past year. The company is forecast to post earnings per share of ر.ع0.028 for next year compared to ر.ع0.034 last year. Board Change • Dec 08
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Najat Ali Al Lawatia was the last independent 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: Minority of independent directors. Lack of board continuity. Announcement • Nov 10
Oman Cement Company SAOG Announces Appointment of Nujood Nasser Al Maqbaly as Board Secretary Oman Cement Company SAOG announced the appointment of Ms. Nujood Nasser Al Maqbaly as Board Secretary. She joined OCC on October 15, 2025. Ms. Nujood holds a BA (Hons) in Business with Law from South East University, Ireland, and a CII qualification (UK), with over six years of experience in the insurance industry. Announcement • Sep 17
Oman Cement Company Saog Appoints Mr. Jiang Tao as Chief Operations Officer, effective from 03 September 2025 Oman Cement Company SAOG announced the appointment of Mr. Jiang Tao as Chief Operations Officer (COO). He joined OCC on 03 September 2025. Mr. Jiang brings with him 16 years of professional experience, serving in various key management roles with Huaxin Group's cement, concrete and environment engineering divisions. Mr. Jiang holds a Master's degree in Business Engineering and Project Management from Conservatoire National Des Arts Et Métiers, in France; as well as a Bachelor's degree in Computer Science and Technology from Wuhan University of Technology in China. Board Change • May 28
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Najat Ali Al Lawatia was the last independent 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: Minority of independent directors. Lack of board continuity. Board Change • Apr 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Najat Ali Al Lawatia was the last independent 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Apr 15
First quarter 2025 earnings released: EPS: ر.ع0.009 (vs ر.ع0.01 in 1Q 2024) First quarter 2025 results: EPS: ر.ع0.009 (down from ر.ع0.01 in 1Q 2024). Revenue: ر.ع18.4m (up 3.1% from 1Q 2024). Net income: ر.ع2.99m (down 11% from 1Q 2024). Profit margin: 16% (down from 19% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Mar 22
Oman Cement Company Saog Announces Board and Committee Changes Oman Cement Company SAOG elected Mr. Xu Gang as Chairman of the Board and Mr. Chen Qian as Vice-Chairman. Additionally, Mrs. Afnan Farid Al Mughairi was appointed as the Secretary of the Board. The formation of the sub-committees was also approved, with Dr. Al-Muatasim Al-Mutairi serving as Chairman of the Audit Committee, along with Mr. Chen Qian and Mr. Su Hao as members. For the Executive and Investment Committee, Mr. Xu Gang was appointed Chairman, and Mrs. Najat Ali Al Lawatia, Mr. Chen Qian, and Mr. Wang Jiajun were appointed as members, with Mrs. Afnan Farid Al Mughairi also serving as the Secretary. The Board Tender Committee was formed with Mr. Chen Qian as Chairman, Mr. Abdullah Al Maamari and Mr. Wang Jiajun as Committee Members, and Mrs. Afnan Farid Al Mughairi as Secretary. The Nominations, Remuneration, and Human Resources Committee was also established, with Mr. Wang Jiajun serving as Chairman, Mr. Najat Ali Al Lawatia and Mr. Su Hao as Committee Members, and Mrs. Afnan Farid Al Mughairi as Secretary. These appointments and the formation of the committees were approved during the meeting held after the Annual Ordinary General Assembly on March 20, 2025. Buy Or Sell Opportunity • Mar 17
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to ر.ع0.51. The fair value is estimated to be ر.ع0.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 23%. Declared Dividend • Mar 06
Dividend reduced to ر.ع0.09 Dividend of ر.ع0.09 is 26% lower than last year. Ex-date: 23rd March 2025 Payment date: 1st January 1970 Dividend yield will be 18%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 5x earnings) nor is it covered by cash flows (261% cash payout ratio). The dividend has increased by an average of 13% 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 490% to bring the payout ratio under control, which is more than the 23% EPS growth achieved over the last 5 years. Board Change • Mar 06
High number of new directors Chairman Li Yeqing was the last director to join the board, commencing their role in 2023. Board Change • Nov 19
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Abdullah Mohammed Al Ma’mari is the most experienced director on the board, commencing their role in 2022. 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 • Oct 29
Oman Cement Company SAOG to Report Q3, 2024 Results on Oct 28, 2024 Oman Cement Company SAOG announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Oct 12
Third quarter 2024 earnings released: EPS: ر.ع0.009 (vs ر.ع0.01 in 3Q 2023) Third quarter 2024 results: EPS: ر.ع0.009 (down from ر.ع0.01 in 3Q 2023). Revenue: ر.ع18.2m (up 9.6% from 3Q 2023). Net income: ر.ع2.92m (down 7.9% from 3Q 2023). Profit margin: 16% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Jul 18
Second quarter 2024 earnings released: EPS: ر.ع0.008 (vs ر.ع0.005 in 2Q 2023) Second quarter 2024 results: EPS: ر.ع0.008 (up from ر.ع0.005 in 2Q 2023). Revenue: ر.ع17.7m (up 10% from 2Q 2023). Net income: ر.ع2.61m (up 45% from 2Q 2023). Profit margin: 15% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Apr 16
First quarter 2024 earnings released: EPS: ر.ع0.01 (vs ر.ع0.007 in 1Q 2023) First quarter 2024 results: EPS: ر.ع0.01 (up from ر.ع0.007 in 1Q 2023). Revenue: ر.ع18.8m (up 5.0% from 1Q 2023). Net income: ر.ع3.37m (up 41% from 1Q 2023). Profit margin: 18% (up from 13% in 1Q 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 17% per year. New Risk • Mar 31
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 340% Dividend yield: 33% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Dividend is not well covered by cash flows (340% cash payout ratio). Announcement • Mar 06
Oman Cement Company SAOG, Annual General Meeting, Mar 28, 2024 Oman Cement Company SAOG, Annual General Meeting, Mar 28, 2024, at 11:00 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 the Auditor's Report and to approve the Financial Statements of the Company for the financial year ended 31 December 2023; to consider and approve the proposed cash dividend to the shareholders, for the financial year ended 31 December 2023; to ratify the sitting fees paid to the board of directors and its subcommittees during the financial year ended 31 December 2023; and to consider other issues. Declared Dividend • Mar 02
Dividend of ر.ع0.025 announced Shareholders will receive a dividend of ر.ع0.025. Ex-date: 26th March 2024 Payment date: 1st January 1970 Dividend yield will be 7.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 16
Full year 2023 earnings released: EPS: ر.ع0.017 (vs ر.ع0.015 in FY 2022) Full year 2023 results: EPS: ر.ع0.017 (up from ر.ع0.015 in FY 2022). Revenue: ر.ع72.6m (up 8.8% from FY 2022). Net income: ر.ع5.76m (up 14% from FY 2022). Profit margin: 7.9% (up from 7.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Dec 21
Consensus EPS estimates increase by 38%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ر.ع70.4m to ر.ع66.8m. EPS estimate rose from ر.ع0.023 to ر.ع0.031. Net income forecast to grow 13% next year vs 35% growth forecast for Basic Materials industry in Oman. Consensus price target broadly unchanged at ر.ع0.37. Share price was steady at ر.ع0.31 over the past week. New Risk • Nov 13
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 5.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (5.1% average weekly change). Reported Earnings • Oct 14
Third quarter 2023 earnings released: EPS: ر.ع0.01 (vs ر.ع0.004 in 3Q 2022) Third quarter 2023 results: EPS: ر.ع0.01 (up from ر.ع0.004 in 3Q 2022). Revenue: ر.ع20.1m (up 27% from 3Q 2022). Net income: ر.ع3.16m (up 116% from 3Q 2022). Profit margin: 16% (up from 9.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Price Target Changed • Oct 12
Price target increased by 9.8% to ر.ع0.36 Up from ر.ع0.33, the current price target is an average from 2 analysts. New target price is 7.2% above last closing price of ر.ع0.34. The company is forecast to post earnings per share of ر.ع0.022 for next year compared to ر.ع0.015 last year. Buying Opportunity • Jul 24
Now 20% undervalued Over the last 90 days, the stock is up 6.5%. The fair value is estimated to be ر.ع0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 7.7% per annum over the same time period. Announcement • May 25
Oman Cement Company SAOG Announces Chief Executive Changes Oman Cement Company SAOG announced that the board has approved the appointment of Mr. Zhu Yaping as the CEO of the company with immediate effect. This appointment follows the retirement of Mr. Salim Abdullah Al Hajri as the CEO of the company. Is a highly experienced professional in the cement industry, with more than 30 years of experience and a distinguished academic background. He holds a Master of Science in Control Theory and Engineering from Wuhan University of Technology, as well as a Bachelor of Science in Electrical Engineering from Nanjing Aeronautics Institute. Mr. Zhu Yaping has been actively contributed to the cement industry and has held various management positions, including corporate maintenance manager and General Manager of Huaxin Maintenance Company. He has a proven track record of increasing revenue, implementing standard aintenance systems, and driving operational excellence. Prior to his appointment as the CEO of Oman Cement Company, he served as the head of Cement Industrial Performance, where he focused on building an Industrial Performance Driving & Supporting System. Price Target Changed • Apr 03
Price target increased by 9.2% to ر.ع0.35 Up from ر.ع0.32, the current price target is an average from 3 analysts. New target price is 15% above last closing price of ر.ع0.31. Stock is up 32% over the past year. The company is forecast to post earnings per share of ر.ع0.021 for next year compared to ر.ع0.015 last year. Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: ر.ع0.015 (vs ر.ع0.013 in FY 2021) Full year 2022 results: EPS: ر.ع0.015 (up from ر.ع0.013 in FY 2021). Revenue: ر.ع66.7m (up 42% from FY 2021). Net income: ر.ع5.04m (up 13% from FY 2021). Profit margin: 7.6% (down from 9.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 18
Full year 2022 earnings released: EPS: ر.ع0.016 (vs ر.ع0.013 in FY 2021) Full year 2022 results: EPS: ر.ع0.016 (up from ر.ع0.013 in FY 2021). Revenue: ر.ع68.4m (up 46% from FY 2021). Net income: ر.ع5.45m (up 23% from FY 2021). Profit margin: 8.0% (down from 9.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Director Sami Abdullah AlSinani is the most experienced director on the board, commencing their role in 2021. 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 • Aug 02
Second quarter 2022 earnings released: EPS: ر.ع0.007 (vs ر.ع0.004 in 2Q 2021) Second quarter 2022 results: EPS: ر.ع0.007 (up from ر.ع0.004 in 2Q 2021). Revenue: ر.ع17.0m (up 40% from 2Q 2021). Net income: ر.ع2.27m (up 85% from 2Q 2021). Profit margin: 13% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.8% compared to a 11% growth forecast for the industry in Oman. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Price Target Changed • Apr 27
Price target increased to ر.ع0.29 Up from ر.ع0.25, the current price target is provided by 1 analyst. New target price is 13% above last closing price of ر.ع0.26. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of ر.ع0.022 for next year compared to ر.ع0.013 last year. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Director Sami Abdullah AlSinani is the most experienced director on the board, commencing their role in 2021. 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 • Apr 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Director Sami Abdullah AlSinani is the most experienced director on the board, commencing their role in 2021. 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 • Feb 22
Oman Cement Company SAOG, Annual General Meeting, Mar 16, 2022 Oman Cement Company SAOG, Annual General Meeting, Mar 16, 2022. Announcement • Feb 21
Oman Cement Company SAOG Recommends Dividend Oman Cement Company SAOG announced that at the Board of Directors meeting held on 20 February 2022, subject to approval of shareholders in Annual General Meeting scheduled to be held on 16 March 2022, has recommended a dividend of 10% of paid-up capital i.e., 10 Baiza per share. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS ر.ع0.002 (vs ر.ع0.002 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ر.ع11.8m (down 3.0% from 3Q 2020). Net income: ر.ع802.7k (up 13% from 3Q 2020). Profit margin: 6.8% (up from 5.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year. Reported Earnings • Jul 16
Second quarter 2021 earnings released: EPS ر.ع0.004 (vs ر.ع0.003 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ر.ع12.6m (up 3.4% from 2Q 2020). Net income: ر.ع1.23m (up 26% from 2Q 2020). Profit margin: 9.8% (up from 8.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 16
First quarter 2021 earnings released: EPS ر.ع0.002 (vs ر.ع0.003 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ر.ع11.8m (down 14% from 1Q 2020). Net income: ر.ع756.3k (down 33% from 1Q 2020). Profit margin: 6.4% (down from 8.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 10
New 90-day low: ر.ع0.24 The company is down 1.0% from its price of ر.ع0.24 on 10 December 2020. The Omani market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ر.ع0.18 per share. Reported Earnings • Jan 19
Full year 2020 earnings released: EPS ر.ع0.017 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ر.ع51.3m (up 6.6% from FY 2019). Net income: ر.ع5.53m (up 38% from FY 2019). Profit margin: 11% (up from 8.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 15
New 90-day high: ر.ع0.26 The company is up 14% from its price of ر.ع0.23 on 15 October 2020. The Omani market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ر.ع0.11 per share. Is New 90 Day High Low • Dec 22
New 90-day high: ر.ع0.24 The company is up 8.0% from its price of ر.ع0.23 on 23 September 2020. The Omani market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ر.ع0.11 per share. Is New 90 Day High Low • Nov 11
New 90-day high: ر.ع0.23 The company is up 2.0% from its price of ر.ع0.23 on 13 August 2020. The Omani market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is flat over the same period. Price Target Changed • Nov 10
Price target lowered to ر.ع0.25 Down from ر.ع0.31, the current price target is provided by 1 analyst. The new target price is 8.6% above the current share price of ر.ع0.23. As of last close, the stock is up 1.3% over the past year. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ع4.16m, up 11% from the prior year. Total revenue was ر.ع50.0m over the last 12 months, largely unchanged from the prior year. Analyst Estimate Surprise Post Earnings • Oct 29
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 4.0% at ر.ع12.5m. Reported Earnings • Oct 17
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ع4.16m, up 11% from the prior year. Total revenue was ر.ع49.7m over the last 12 months, largely unchanged from the prior year. Analyst Estimate Surprise Post Earnings • Oct 17
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 4.0% at ر.ع12.5m. 
