trending Market Intelligence /marketintelligence/en/news-insights/trending/UjwaK1PMkdZWVQ3706mqfw2 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 Beach Resort 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

Simplifying The Assessment of Company Fundamental Data

Infrastructure Issues: Understanding and Mitigating Risks


Salalah Beach Resort Q2 profit falls YOY

Salalah Beach Resort SAOG said its second-quarter normalized net income was 14,400 rials, a fall of 66.7% from 43,180 rials in the year-earlier period.

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

The normalized profit margin dropped to 2.1% from 6.0% in the year-earlier period.

Total revenue fell 6.9% on an annual basis to 670,580 rials from 720,020 rials, and total operating expenses came to 652,400 rials, compared with 657,000 rials in the prior-year period.

Reported net income decreased 68.3% from the prior-year period to 20,430 rials, or 0 baiza per share, from 64,390 rials, or 1 baiza per share.

As of July 27, US$1 was equivalent to 39 Oman baiza.