Dhofar International & Investment posts lower net profit

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

News

DIDIH’s proposed dividend for 2012

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

DIDIC completes Garden Hotel acquisition

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

DIDIHC acquires Garden Hotel for RO 10 million

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

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941
ALAWWAL 12.10 172,934
SABB 30.52 234,993

Valuation

DIDI Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
BKMB 0.38 0.00 (0.52%)
BKDB 0.20 0.00 (0.00%)
NBOB 0.19 0.00 (0.00%)
OMVS 0.36 0.00 (0.00%)
BKSB 0.14 0.00 (1.41%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap