trending Market Intelligence /marketintelligence/en/news-insights/trending/XRIXrLLc3vmIZqMTsK_Vuw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Dhofar Cattle Feed Q1 loss narrows YOY

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

COVID-19 reduces U.S. residential smart meter shipments over the short term but long term still looks positive

Dhofar Cattle Feed Q1 loss narrows YOY

Dhofar Cattle Feed Co. SAOG said its first-quarter normalized net income was a loss of 34,880 rials, compared with a loss of 45,380 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 declined to negative 0.5% from negative 0.5% in the year-earlier period.

Total revenue increased 13.1% year over year to 10.7 million rials from 9.4 million rials, and total operating expenses grew 12.9% from the prior-year period to 10.4 million rials from 9.2 million rials.

Reported net income came to a loss of 66,000 rials, or a loss of 1 baiza per share, compared to a loss of 99,000 rials, or a loss of 1 baiza per share, in the year-earlier period.

As of May 5, US$1 was equivalent to 385 Oman baiza.