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Port Services Corp SAOG

Last update: 31 December 2017 00:39 PM market time.
0.18
-0.00
-0.56%
Open 0.18
Previous Close 0.18
High 0.18
Low 0.18
Stock Statistics
Volume 124,100
Turnover 22,164.00
All data are 15 minutes late during market session

News

The company's website
12 April 2017 11:12 AM Port Services Q1 profits down 33%
Mubasher: The profits of Port Services Corporation dropped 33.3% in the first quarter of 2017, compared to Q1-16, the company’s financial statement said. Profits stood at OMR 541,510 ($1.4 million) in Q1-17, compared to OMR 811,650 ($2.1 million) …
The company has a capital of OMR 9.5 million - (Photo Credit: Company Website)
28 March 2017 05:07 PM Port Services BOD recommends OMR 0.055/shr
Mubasher: The board of Port Services Corp has recommended the distribution of cash dividends to shareholders at 55 baisas per share, according to a bourse filing. The company said in a statement to the Muscat Securities Market (MSM) on Tuesday …
(Photo credit: Company's website)
18 January 2017 00:40 PM Port Services Corp delays company liquidation
Mubasher: Port Services Corporation said Wednesday that its extraordinary general meeting (EGM) has approved to postpone the liquidation until January 2018, after the expiry of the concession agreement signed on 31 December 2017. Also, the EGM …
he company’s net profit after tax for the fiscal year 2016 reached OMR 2.72 million (Photo credit: Company's website)
11 January 2017 03:32 PM Port Services Corp Q4 profits rise 196%
Mubasher: Port Services Corporation posted on Wednesday a net profit of OMR 886,290 ($2.29 million) for the fourth quarter of fiscal 2016, 195.82% up from OMR 299,610 ($775,160) for Q4-15. The company’s net profit after tax for the fiscal year …
Oman’s ministry approved to extend the contract for a one-year period  (Photo Credit: Arabianeye-Reuters)
28 December 2016 10:50 AM Ministry nods to Port Sultan Qaboos contract renewal
Mubasher: The transport and communications ministry of Oman has approved Port Services Corporation’s request to extend the concession agreement to manage and operate Port Sultan Qaboos. This approval is subject to the ministry’s accepting to all …
(Photo credit: Company's website)
25 December 2016 11:57 AM Port Services accepts renewal of Port Qaboos contract
Mubasher: Port Services Corporation said Sunday that its board of directors agreed to extend the concession agreement to manage and operate Port Sultan Qaboos with the same terms and conditions for a period of one year, up to 31 December 2017 and …
(Photo credit: Company's website)
21 December 2016 00:10 PM Port Services mulls 3M renewal of Qaboos Port operation
Mubasher: Port Services Corp said Wednesday that it has received a letter from Oman’s minister of transport and communications on 20 December requesting it to continue operating and managing Port Sultan Qaboos for 3 months. The company added that …
The EGM also authorized the liquidator to sell and transfer all the company’s assets as well as projects
8 December 2016 10:15 AM Port Services shareholders nod for going into liquidation
Mubasher: The extraordinary general meeting (EGM) of Port Services Corporation approved liquidating the company as of 1 January 2017 after the expiry of the present concession agreement 31 December, according to a bourse filing on Thursday. The …
Total revenue reached OMR 5.07 million in the nine-month period (Photo credit: Company's website)
11 October 2016 02:32 PM Port Services Corp trims Q3 losses
Mubasher: Port Services Corporation narrowed its losses for the third quarter of the fiscal year 2016 by 98.7% to OMR 30,000 ($77,640), compared to OMR 2.23 million ($5.77 million) for Q3-15. The company turned to profitability on the first nine …
Photo credit: Company's website
21 September 2016 10:56 AM Port Services Corp’s board proposes company liquidation
Mubasher: Port Services Corporation’s board of directors invited shareholders to an extraordinary general meeting (EGM) to discuss its proposal to liquidate the company. The company said Wednesday, in a bourse statement, that the board’s decision …
The Omani Capital Market Authority approved the agreement - (Photo Credit: Arabianeye-Reuters)
20 September 2016 05:42 PM Oman Investment Fund acquires 35% of Port Services Corp
Mubasher: The Omani Capital Market Authority approved the transfer of ownership of the government’s stake in Port Services Corp to Oman Investment Fund, according to the company’s statement. The value of the transferred stake is around 33.74 …
Net profit reached OMR 1.05 million ($2.71 million) in Q2-16 (Photo credit: Company's website)
13 July 2016 04:58 PM Port Services Corp’s profit rises 93% in Q2
Mubasher: Port Services Corporation’s initial unaudited financial statements showed a rise of 92.96% year-on-year in the company’s profits for the second quarter of the fiscal year 2016. Net profit reached OMR 1.05 million ($2.71 million) in …
Photo credit: Company website
21 April 2016 11:00 AM Port Services Corp shifts to profitability in Q1
Mubasher: Port Services Corporation posted on Thursday a net profit of OMR 811,650 ($2.1 million) in the first quarter of fiscal 2016, against net losses of OMR 468,750 ($1.21 million) in Q1-15, according to the company’s financial statements. The …
Photo Credit: Port Services Corporation
24 March 2016 01:01 PM Port Services shareholders give nod to dividends
Mubasher: Shareholders of Port Services Corporation gave the nod to cash dividends for 2015, according to a bourse statement. The dividends represent 20% of the company’s capital, equivalent to 20 baisas per share. The company’s stock declined …
Photo Credit: Arabianeye-Reuters
24 February 2016 10:16 AM Port Services to consider payment of 20% dividends late March
Mubasher: Port Services Corporation will hold its ordinary general meeting on 23 March to discuss the distribution of cash dividends for the fiscal year 2015, according to a bourse filing. The company’s board has recommended payment of 20% cash …
Port Services Corporation
20 January 2016 10:23 AM Port Services turns to losses in 2015
Mubasher: Port Services Corporation posted on Wednesday net losses of OMR 2.13 million in 2015, versus a net profit of OMR 3.03 million in 2014, according to the company’s financial statements. Oman’s port operator’s operating losses came to OMR …
20 January 2016 08:20 AM The un-audited initial financial results of the Corporation for the year ended 31st December 2015
In accordance with the provision of Article 280 of the Executive Regulations of the Capital Market Law promulgated by the Administrative Resolution 1/2009, we are pleased to disclose the un-audited initial financial results of the Corporation for …
4 November 2015 02:43 PM Announcement to the shareholders about unclaimed dividends
We would like to advise our esteemed shareholders that the unclaimed dividends as approved in the Annual general meeting held on 23/03/2015 are being transferred by Muscat Clearing & Depository Co. SAOC to Investors Trust Fund at CMA. The  …
3 November 2015 09:46 AM Homing of Executive Management Staff
Based on the revised Organisation Structure approved by the Board in its 8th meeting for 2015 held on 20th of September 2015, as a result of reducing the Corporation’s operational activities and in line with the austerity measures taken, the …
26 October 2015 07:40 AM Un-audited Financial Results for the Quarter ended 30th September 2015
In compliance with the Executive Regulations of the Capital Market Law and with reference to the Executive Management disclosure of initial result on 12/10/2015, Please be informed that the Board of Directors in its9th meeting for the year 2015 …
12 October 2015 08:32 AM The un-audited initial financial results of the Corporation for the nine months ended 30th September 2015
In accordance with the Circular ref. E/5/2014 dated 29th May 2014 of the Capital Market Authority; we are pleased to disclose the un-audited initial financial results of the Corporation for the nine months ended 30th September 2015 compared with …
6 October 2015 08:17 AM Resignation of Executive Management Staff
  In line with the disclosure requirements, we would like to inform you that: Engineer Hamid Abdulrahman Mohammed Al Kadi, Assistant Chief Executive Officer – Operations, and Captain Talib Khamiis Al Wahaibi, General Manager Harbor & Marine …
1 September 2015 02:38 PM Resignation of the Legal Advisor
  In line with the disclosure requirementswe would like to inform you that Mr. Abdul Hafiz Khedir Osman, Legal advisor, has submitted his resignation of his own accord and his last working day with the Corporation will be 25th November 2015.   …
23 August 2015 09:29 AM VOLUNTARY END OF SERVICE PAYMENT SCHEME FOR OMANI STAFF
We would like to inform that as agreed in the meetings between the Ministerial Committee and representatives of the Board of Directors  of the Corporation, ending with the last meeting held on 8/3/2015, the Ministry of Finance, vide the letter of …
Photo Credit: Arabianeye-Reuters
28 July 2015 10:13 AM Port Services profits plunge 98.1% in 6M
Port Services Corporation’s board meeting, held on 27 July 2015, permitted the unaudited financial results for the six months period ended 30 June, 2015, showing a plummet of 98.1% year-on-year.  The company reported a net profit of about OMR …