trending Market Intelligence /marketintelligence/en/news-insights/trending/CCLwNAEVCfgqlvwuiDDi_Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Salalah Mills Q2 profit falls YOY

Complying with International Financial Reporting Standard IFRS 9

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks


Salalah Mills Q2 profit falls YOY

Salalah Mills Co. SAOG said its second-quarter normalized net income was 2 Oman baiza per share, a decrease of 17.2% from 2 baiza per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 965,340 rials, a decrease of 9.6% from 1.1 million rials in the prior-year period.

The normalized profit margin fell to 4.9% from 5.6% in the year-earlier period.

Total revenue increased on an annual basis to 19.8 million rials from 18.9 million rials, and total operating expenses rose 7.8% from the prior-year period to 18.0 million rials from 16.7 million rials.

Reported net income declined 17.2% year over year to 1.4 million rials, or 3 baiza per share, from 1.7 million rials, or 4 baiza per share.

As of Aug. 7, US$1 was equivalent to 39 Oman baiza.