GulfBase Live Support
04/08/2011 00:00 AST
Dhofar International & Investment Holding Company, which has a stake in BankDhofar, said the parent company's profit declined to RO2.32 million for the first half, from RO2.88 million for the same period last year.
However, the group as a whole incurred a loss of RO2.91 million for the first six months of 2011, as against RO4.55 million net profit for the same period last year.
The company said that the reason for the loss was mainly due to booking of RO26.1 million loss of its banking associate on litigation.
The total revenue of the parent company was also down at RO3.58 million from RO4.20 million during the period under review.
Total assets of the parent company stood higher at RO202.91 million, as against RO 194.30 million, the company said in a statement posted on the Muscat Securities Market website.
Net asset per share was marginally lower at RO0.794 by end-June 2011, from RO0.798 for the same period of 2010.
The company said its first half results are subject to approval by audit committee and its board.
Times of Oman
18/02/2013
The Board of Directors of Dhofar International Development &Investment Holding SAOG (DIDIH) in meeting held at 1.00 PM on Sunday 17th February , 2013 , proposed a cash dividend of 30% i.e Thirty Bais
Press Release
23/10/2012
Dhofar International Development & Investment Holding Company (DIDIC) and its subsidiary Dhofar Investment & Real Estate Services have finalised the acquisition process of Garden Hotel that owns the
Times of Oman
17/10/2012
Dhofar International Development & Investment Holding Co SAOG (DIDIHC) and its subsidiary Dhofar Investment & Real Estate Services LLC signed an agreement to acquire 100 per cent stake in Garden Hot
Oman Daily Observer
Ticker | Price | Volume |
---|
28/04/2025
Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank's financial results for the period ending 31 March, 2025.
For the first three months
Saudi Gazette
28/04/2025
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
Revenues for the first quarter reached SR19,210 mill
Saudi Gazette
28/04/2025
Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year.
Trade Arabia
28/04/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Mid
Trade Arabia
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia