Muscat Insurance Co SAOG (MCTI)

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News

1 August 2017 10:28 PM Muscat National profits decline in Q2

Mubasher: The financial statements of Muscat National Holding Company showed a decrease in profits to OMR 180,430 in the second quarter of 2017 from OMR 368,220 for the same period last year. As for the first half of the year, profits grew by …

Financial Results

28 March 2017 02:55 PM Muscat National to distribute 10% dividends, 100% bonus shares

Mubasher: The shareholders of Muscat National Holding has approved the distribution of cash dividends and bonus shares for fiscal year 2016, according to a bourse filing. The company said in a statement to the Muscat Securities Market (MSM) on …

General Assembly

6 November 2016 01:08 PM Omani insurance sector shifts to losses in Q3

By: Islam Fadl Mubasher: The insurance companies listed on the Muscat Securities Market (MSM) suffered a net losses of OMR 1.77 million ($4.58 million) in the third quarter of fiscal 2016, compared to a total profit of OMR 628,600 ($1.63 million) …

Financial Results

6 November 2016 11:13 AM Muscat National Holding turns profitable in Q3

Mubasher: Muscat National Holding posted on Sunday a net profit of OMR 240,510 ($622,300) for the third quarter of fiscal 2016, against a net loss of OMR 234,070 ($605,680) for Q3-15. Net profit for the first nine months of 2016 increased by …

Financial Results

9 May 2016 09:48 AM Muscat National posts lower profits in Q1

Mubasher: Muscat National Holding reported a decline by 3% in its first-quarter profits, according to a bourse statement. Profits reached OMR 320,500 ($830,300) in Q1-16, compared to OMR 330,300 ($855,700) in Q1-15. Total premiums rose 38.2% to …

Financial Results

22 October 2015 10:00 AM Muscat National 9M profits fall 64%

Mubasher: Muscat National Holding reported a 64% decline in profits after taxes to OMR 317,800 ($822,700) in the first nine months of 2015 from OMR 894,700 in the same period of 2014, according to a bourse filing. Gross premium rose to OMR 11.6 …

Financial Results

27 July 2015 09:13 AM Muscat National Holding H1 profit rises 16.3%

Muscat National Holding achieved a growth of 16.3% to about OMR 551,910 ($1.43 million) in profits as shown in its unaudited financials for the first half of 2015, when compared to nearly OMR 474,594 ($1.23 million) in the same period of 2014, the …

Company News

27 April 2015 10:29 AM Oman’s MNHC turns profitable in Q1

Muscat-Mubasher: Muscat National Holding Company (MNHC) reported a 391% surge in profit to OMR 330,300 in the first quarter ended 31 March 2015, compared to OMR 113,500 in the same quarter of 2014, according to a filing to Qatar Stock …

Company News

27 April 2015 07:46 AM The Initial un-audited Consolidated Results for the first quater ended 31.03.2015

  The Initial un-audited Consolidated Results for the first quater ended 31.03.2015 for Muscat National Holding Company SAOG In compliance with rules and guidelines on disclosure issued by the Capital Market Authority, Muscat National Holding …

28 January 2015 01:19 PM Muscat Holding profit plunges 74% in FY14

Unaudited financial statements for Muscat National Holding for the fiscal year (FY) ending December 31, 2014, revealed a plunge in profit by 74% to OMR 132.4 THD ($345.1 THD) against OMR 513.2 THD ($1.34 …

Financial Results

28 January 2015 08:09 AM The Initial un-audited Consolidated Results for the Financial Year ended 31.12.2014 for Muscat National Holding Company SAOG

The Initial un-audited Consolidated Results for the Financial Year ended 31.12.2014 for Muscat National Holding Company SAOGIn compliance with rules and guidelines on disclosure issued by the Capital Market Authority, Muscat National Holding Co. …

9 December 2014 04:22 PM Muscat National Holding appoints new CEO

 Muscat National Holding Company announced in its statement to the Muscat Securities Market (MSM) today that its Board of Directors has decided to appoint Mr. Philip. K. Philip as Chief Executive Officer effective December 9, 2014.

Corporate Actions

4 August 2014 00:33 PM Muscat Holding H1 profit surges 27%

In its statement to the Muscat Securities Market (MSM), Muscat National Holding Company announced its financial results for the six-month period ending June 30, 2014, during which it achieved a net profit of OMR 474.594 …

Banking and Finance