trending Market Intelligence /marketintelligence/en/news-insights/trending/SDsp2hZbvtVznHz2A1jK1g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Dhofar Poultry swings to profit in Q2

Machine Learning and Credit Risk Modelling

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection


Dhofar Poultry swings to profit in Q2

Dhofar Poultry Co. SAOG said its normalized net income for the second quarter came to 128,770 Oman rials, compared with a loss of 309,990 rials in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 6.7% from negative 50.3% in the year-earlier period.

Total revenue grew year over year to 1.9 million rials from 616,500 rials, and total operating expenses climbed 53.7% on an annual basis to 1.7 million rials from 1.1 million rials.

Reported net income totaled 188,540 rials, or 5 baiza per share, compared to a loss of 495,990 rials, or a loss of 12 baiza per share, in the year-earlier period.

As of July 27, US$1 was equivalent to 385 Oman baiza.