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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
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08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
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