Salalah Mills SAOG (SFMI)

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News

29 March 2017 09:06 AM Salalah Mills shareholders approve annual dividends

Mubasher: Salalah Mills Company said its shareholders gave the go-ahead to 40% dividends, or 40 baisas per share, for fiscal year 2016, according to a bourse statement. Total approved dividends amount to OMR 1.93 million The company’s capital …

Corporate Actions

1 January 2017 10:01 AM Salalah Mills board approves merger offer

Mubasher: Salalah Mills Company’s board meeting on 29 December approved the study of the merger proposal by Salalah Macaroni Company. “An expert bureau will be appointed to assess the merger proposal, evaluate the assets of the two companies and …

Cash Dividends

13 October 2016 04:19 PM Salalah Mills Q3 profits plunge 80%

Mubasher: Salalah Mills posted a drop of 80% in profits during the third quarter of 2016 as compared to the same period in the prior year. Earning stood at about OMR 175,000 ($452,969) in Q3-16, compared with OMR 875,000 ($2.264 million) in Q3-15, …

Financial Results

17 July 2016 01:58 PM Salalah Mills profits decline 13.45% in Q2

Mubasher: Oman’s Salalah Mills reported a decline of 13.45% for its net profits for the second quarter of 2016. The company saw net profits of OMR 1.25 million ($3.2 million), down from OMR 1.45 million for the same period of the previous year. As …

Financial Results

17 January 2016 08:47 AM Salalah Mills posts OMR 5.5m profit in 2015

Mubasher: Oman’s Salalah Mills Company reported a decline of 0.9% in profit for 2015 to OMR 5.51 million, versus OMR 5.56 million in 2014. Total revenues came to OMR 68.25 million in 2015, compared to OMR 67.61 million a year earlier, according to …

Financial Results

17 January 2016 08:08 AM Initial Annual Un-audited financial Results For 2015

In compliance with Article (3) of Disclosure Rules issued by CMA, Salalah Mills Co. is pleased to disclose the Initial Annual Un-audited Results for the year 2015:-    1. Parent Company % 2014 2015   2.45% 61,815,037 63,329,858  Revenue 1.27% …

8 November 2015 10:57 AM Un-Audited financial statements and reports for the Period ended 30 September 2015

This is to inform that  Board of Directors of Salalah Mills Company had Approved the unaudited financial statements for the period ended September 30, 2015 on Saturday, 7/11/2015. The statements Were  Uploaded to  the website of MSM. For/ Salalah …

14 October 2015 01:21 PM Third quarter 2015 Unaudited Financial Performance

The unaudited financial results of the company for the nine months ended 30 st September 2015.   The Key figures are shown below:         1. Parent Company % Diff. 2014 2015             1.030% 477,551 46,586,180 47,063,731 Sales 1.440% 617,630 …

30 August 2015 10:56 AM Salalah Mills approves 10% capital raise, expansion

Muscat-Mubasher: Salalah Mills’ board decided on 27 August to increase the capital by 10% through the issuance of right preference to shareholders at OMR 0.75 per share in the first quarter of 2016, according to a bourse filing. Based on a …

Company News

30 August 2015 10:11 AM Board of Directors’ resolutions to increase production capacity and paid capital

The Board of Directors met on Thursday the 27th of August and decided the followings: Based on Feasibility study conduct by Expert House, the Board of Directors decided to add a new flour mill with a production capacity of 600 Metric Tons per day. …

9 August 2015 00:05 PM Salalah Mills to expand with new OMR 4m plant

  Oman – Mubasher: Salalah Mills announced on Sunday that its board has approved the establishment of a polypropylene bags plant estimated at a cost of OMR 4 million. The new plant is expected to have a production capacity of 48 million bags per …

Company News

9 August 2015 08:56 AM The most important Board of Directors of Salalah Mills Company decisions

  Approval of This Financial Statements for the period ended 30/06/2015  which    uploaded to  MSM website through the electronic transmission system. 2.     Approve the Eestablishment of a Factory for Polypropylene bags at a cost of  RO 4 …

22 July 2015 01:20 PM Oman’s Salalah Mills H1 profits grow 28.1%

Salalah Mills’ earnings increased 28.1% as shown in its unaudited financial results for the period ended 30 June, 2015, the wheat products distributor said Wednesday. The Omani company reported a net profit of OMR 2.735 million ($7.08 million) in …

Financial Results

22 July 2015 00:40 PM First Half 2015 Unaudited Financial Performance

The unaudited financial results of the company for the six months ended 30st June 2015.   The Key figures are shown below:         1. Parent Company % Diff. 2014 2015             3.70% 1,195,349 32,412,478 33,607,827 Sales 5.60% 1,643,401 …

10 May 2015 07:48 AM Un-Audited financial statements and reports for the Quarter ended 31 March 2015

This is to inform you that Salalah Mills Company (SAOG) uploaded to the Un-Audited Financial Statements and Reports the Quarter ended on 31st.March 2015 to MSM website through the electronic transmission system. For/ Salalah Mills Company SAOG …

21 April 2015 00:46 PM First Quarter 2015 Unaudited Financial Performance

The unaudited financial results of the company for the three months ended 31st March 2015.   The Key figures are shown below:         1. Parent Company % Diff. 2014 2015       …

12 April 2015 06:24 AM Distribution of Cash Dividend

We are pleased to advise all our shareholders that the company has authorized Muscat Clearing and Depository Co.SAOC (MCD) to distribute the cash dividend of  65% ( RO .065 per share) on behalf of the company for the year ended 31st Dec 2014. …

29 March 2015 00:12 PM Salalah Mills OGM approves 65% dividends

 Oman – Mubasher: Salalah Mills said its ordinary general meeting (OGM) has approved a cash dividend, representing 65% of capital and amounting to 65 baisa per share to shareholders, according to a filing to the Muscat Securities Market …

Corporate Actions

8 February 2015 01:06 PM Salalah Mills reports 11% FY14 profit rise

 Salalah Mills announced its preliminary unaudited financials for the fiscal year ended December 31, 2014, in its statement to the Muscat Securities Market (MSM).The firm revealed a profit increase by 10.92% to OMR 5.5 million ($14.3 million) …

Company News

8 February 2015 08:53 AM Initial Annual Un-audited financial Results For 2014

In compliance with Article (3) of Disclosure Rules issued by CMA, Salalah Mills Co. is pleased to disclose the Initial Annual Un-audited Results for the year 2014:-   1. Parent …

28 December 2014 11:20 AM Salalah Mills approves 65% cash dividend

  In its filing to the Muscat Securities Market (MSM), the Board of Directors of Salalah Mills Company announced reaching a decision to pay a cash dividend of 65 baizas per share, representing …

Banking and Finance

8 December 2014 06:08 PM Gas price rise to add massive costs to Salalah Mills

 In its statement to the Muscat Securities Market (MSM), Salalah Mills has announced a rise in costs amounting to OMR 75,000 in 2015 owing to the increased price of natural gas.This follows the oil and gas ministry’s announcement to raise the price …

Company News

7 December 2014 08:53 AM Increase in the natural gas price

We hereby inform shareholders that the price of natural gas will increase by 100% with effect from 1st January 2015 with an additional 3 % increase annually thereafter. This increase does not have any impact on Salalah Mills Co. as it uses …

3 August 2014 01:40 PM Salalah Mills’ profit soars 62% in H1-14

Financial statements for Oman’s Salalah Mills for the six month period ending June 30, 2014, recorded a net profit of OMR 3.290 million compared to OMR 2.027 million during the same period last year, recording a profit surge by …

Financial Results