trending Market Intelligence /marketintelligence/en/news-insights/trending/euyteYP7AZf6wvqFMWoL2g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

National Biscuit Industries Q2 profit climbs YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

National Biscuit Industries Q2 profit climbs YOY

National Biscuit Industries Ltd. SAOG said its normalized net income for the second quarter was 9 Oman baiza per share, an increase from 9 baiza per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 91,910 rials, a gain from 88,370 rials in the prior-year period.

The normalized profit margin climbed to 3.6% from 3.3% in the year-earlier period.

Total revenue declined year over year to 2.6 million rials from 2.6 million rials, and total operating expenses fell from the prior-year period to 2.4 million rials from 2.5 million rials.

Reported net income declined from the prior-year period to 123,010 rials, or 12 baiza per share, from 125,420 rials, or 13 baiza per share.

As of July 21, US$1 was equivalent to 39 Oman baiza.