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23/01/2014 09:23 AST
The Board of Directors of Oman Cables Industry (SAOG), in the meeting held on 22 January 2014, approved the audited Financial Statements for the year 2013 of the Parent Company and the Group and recommended the same for approval to the Shareholders at the Annual General Meeting.
Highlights of Financial Statements for the group are as follows:
- Sales of 2013 were RO 306.1 million compared to RO 257.2 million in 2012, a increase of 19%
- Net Profit after tax was RO 16.9 million in 2013 compared to RO 11.9 in 2012, a increase of 41.8%
- Earning per share (Face Value RO 0.100) was RO 0.188 in 2013 compared to RO 0.133 in 2012
- Net asset per share (Face Value RO 0.100) increased to RO 0.760 on 31 December 2013 compared to RO 0.653 on 31 December 2012
The Board recommended cash dividend of RO 0.088 per share of the face value of RO 0.100, to be approved by the Shareholders at the Annual General Meeting
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Times of Oman
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.90 | -0.38 (-3.37 |
| IQCD | 13.22 | -0.03 (-0.23 |
| ADNOCLS | 4.95 | -0.11 (-2.18 |
| ADPORTS | 4.26 | -0.12 (-2.74 |
| NMDC | 24.50 | 0.16 (0.65 |
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Trade Arabia
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