trending Market Intelligence /marketintelligence/en/news-insights/trending/UZCMCX2_8WYCbLklDg9bpg2 content esgSubNav
In This List

Dhofar Cattle Feed swings to profit in Q3


Corporate and Municipal CUSIP Request Volumes Slow in August


A Trade Finance Firm Ups Its Game With Supply Chain Intelligence


Greenhouse gas and gold mines - Emissions intensities unaffected by lockdowns


Q&A: U.S. Battery Storage and Global Battery Metals Trends Webinar

Dhofar Cattle Feed swings to profit in Q3

Dhofar Cattle Feed Co. SAOG said its normalized net income for the third quarter was 27,750 Oman rials, compared with a loss of 11,250 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 increased to 0.2% from negative 0.1% in the year-earlier period.

Total revenue climbed 34.9% on an annual basis to 11.4 million rials from 8.5 million rials, and total operating expenses grew 35.4% on an annual basis to 11.3 million rials from 8.3 million rials.

Reported net income came to 27,000 rials, compared to a loss of 22,000 rials in the prior-year period.

As of Nov. 13, US$1 was equivalent to 385 Oman baiza.