Al Jazeera Steel Products SAOG (ATMI)

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News

26 March 2018 03:29 PM Kuwait’s Global exits stake in MSM-listed Al Jazeera Steel

Mubasher: Global Capital Management (GCM), the alternative asset management arm of Kuwait’s Global Investment House, has executed a successful exit of its controlling stake in Al Jazeera Steel Products Company, Omani company listed on Muscat …

Mutual Funds

9 June 2017 01:32 PM MSM loses 81 pts in week

Mubasher: The main index of Muscat Securities Market (MSM) fell 1.48% or 80.64 points to reach 5,354.77 points in the week ended 8 June. The industry sector topped the losing sectors and levelled down 1.61%, followed by the financial and services …

Trading Activities

26 March 2017 02:41 PM Al Jazeera Steel to distribute dividends of OMR 1.12m

Mubasher: The ordinary general meeting (OGM) of Al Jazeera Steel Products has approved the distribution of cash dividends to shareholders for last year at 9 baisas per share, with a total value of OMR 1.12 million. The dividends represent 9% of …

Cash Dividends

15 January 2017 11:10 AM Al Jazeera Steel profits grow in Q4

Mubasher: Al Jazeera Steel Products saw a 512% rise year-on-year in its profits during the fourth quarter of 2016, according to a bourse statement. Profits reached OMR 1.53 million ($3.96 million) in Q4-16, compared to OMR 250,000 ($647,150) in …

Financial Results

20 November 2016 09:28 AM USTIC imposes anti-dumping duty up to 7.24% - Al Jazeera Steel

Mubasher: The United States International Trade Commission (USITC) decided that US industry has been materially injured or threatened with material injury by reason of imports of circular welded carbon-quality steel pipe from Oman, said Al Jazeera …

Law

13 October 2016 10:57 AM Al Jazeera Steel quarterly profit rises 118%

Mubasher: Al Jazeera Steel Products’ profits for the third quarter of the fiscal year 2016 leapt by 117.7% to OMR 370,000 ($957,710) from OMR 170,000 ($440,030) for Q3-15. In the first nine months of the year, net profit rose 95.5% to OMR 3.07 …

Financial Results

23 August 2016 09:48 AM Al Jazeera Steel Products’ OGM approves 14 baisas/share dividends

Mubasher: Al Jazeera Steel Products Company’s ordinary general meeting (OGM) approved on Monday the distribution of cash dividends of 14 baisas per share, representing 14% of the share capital. The company is capitalised at OMR 12.49 million …

General Assembly

21 March 2016 11:08 AM Al Jazeera Steel’s OGM Oks 9 Baisas/share dividends

Mubasher: Al Jazeera Steel Products Company’s ordinary general meeting (OGM) agreed Sunday on distributing cash dividends at 9% of the capital or 9 Baisas per share for the fiscal year 2015. The company is capitalised at OMR 12.49 million ($32.44 …

Cash Dividends

17 February 2016 03:07 PM Al-Jazeera Steel proposes cash dividends for 2015

Mubasher: Al Jazeera Steel Products said that its board of directors recommended the distribution of cash dividends for FY15. The board proposed distributing 9 baisa per share for 2015, according to the company’s statement in bourse site, on …

Event

1 November 2015 08:36 AM Anti Dumping Duty - USA

“The Department of Commerce (DoC) of the United States of America (US) has filed an antidumping suit on UAE, OMAN, PAKISTAN, PHILIPPINES & VIETNAM for selling below the fair price based on allegations of US based manufacturing companies. They had …

13 September 2015 07:28 AM CEO’s Resignation

This is to inform that Dr. Bhaskar Dutta, the Chief Executive Officer of Al Jazeera Steel Products Co SAOG, has tendered his resignation on personal grounds and is awaiting the approval from the Board of Directors.

27 July 2015 02:40 PM Al Jazeera Steel H1 profits decline 58.4%

Al Jazeera Steel Products registered a plunge of 58.4% to OMR 1.437 million ($3.72 million) in its unaudited financial statements for the first half ended 30 June, 2015 as compared to OMR 3.461 million in the same period of 2014. The Omani …

Financial Results

27 July 2015 01:30 PM Decisions from the Board Meeting held on 27th July 2015

Board of Directors of Al Jazeera Steel Products Co SAOG has approved the un-audited reviewed interim financial statements of the company for the six month period ended 30th June 2015.   Particulars 30 June 15 30 June 14 %  growth Production in MT …

18 February 2015 01:27 PM Decisions of the Board of Directors meeting held on 18th February 2015

The Board of Directors of the company has taken the following decisions in their meeting held on 18th February 2015 and is subject to approval of the shareholders at the Annual General Meeting to be held on 18th March 2015.   1. The …

28 October 2014 11:19 AM Jazeera Steel reports $12.2m 9M profit

Al Jazeera Steel Products Company announced its financials on Tuesday, reporting outstanding performance for the first nine months of 2014, during which the Company generated a net income of $12.2 million, 3.1% higher than the entire …

Banking and Finance

2 September 2014 04:40 PM MSM adds OMR 56 mln; MSM30 passes 7400 pts

Muscat Securities Market (MSM) indices rose at the closing of Tuesday’s trades as the benchmark index surged by 0.60% or 44.1 pts, passing the 7400-pt level to close at 7400.04 pts. Al Sharia Index inched up by 0.09% to 1071.32 …

Stock Evaluations

21 August 2014 09:22 AM Kuwait’s Global may sell $ 75 mln stake in Oman’s Al Jazeera Steel -sources

Kuwait - based Global Investment House engaged in negogiations to sell its 51% stake in Oman's Al Jazeera Steel Products , sources close to the matter said.The Kuwaiti bank, which bought the stake in 2007, has held discussions with …

Company News