Al Batinah Power SAOG (BATP)

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News

27 April 2017 01:24 PM Al Batinah Power OKs 2.78 baisas/shr for FY16

Mubasher: The board of directors of Al Batinah Power Company approved distributing 2.78% of its paid capital at 2.78 baisas per share for the fiscal year ended 31 December 2016. The shareholders authorised the board to set and distribute cash …

Financial Results

17 April 2017 02:26 PM Al Batinah Power’s losses deepen in Q1

Mubasher: Al Batinah Power Company reported an increase of 127% in its losses during the first quarter of 2017, when compared to the same period of the prior year. The losses of Al Batinah stood at OMR 6.22 million ($16.12 million) in Q1-17, …

Financial Results

15 January 2017 03:34 PM Al Batinah Power’s losses down 7% in Q4

Mubasher: Al Batinah Power on Sunday reported narrowing its losses in the fourth quarter of 2016 by 7.2% year-on-year, according to a filing to the Muscat Securities Market (MSM). The company posted losses of OMR 2.71 million ($7 million) in …

Financial Results

8 November 2016 02:30 PM MSM-listed energy firms’ Q3 profit rises 1.3%

By: Salama Abdulrahman Mubasher: The financial statements of the energy companies listed on the Muscat Securities Market (MSM) showed a year-on-year growth in their total net profits for the third quarter of fiscal 2016. Total profits of 11 listed …

Financial Results

27 October 2016 11:54 AM Al Batinah Power OKs 5.65 baisas/shr dividends

Mubasher: Al Batinah Power Company said on Wednesday that its board of directors approved the distribution of cash dividends of 5.65 baisas per share (5.65% of the capital) for the fiscal year 2015, totalling OMR 3.81 million. Dividends will be …

Cash Dividends

16 October 2016 11:56 AM Al Batinah Power posts higher Q3 profits

Mubasher: Al Batinah Power’s profits for the third quarter of the fiscal year 2016 grew by 1.5% to OMR 6.8 million ($17.6 million), versus OMR 6.7 million ($17.3 million) for Q3-15. Net profit for the first nine months of 2016 leapt by about 10% …

Financial Results

28 August 2016 00:37 PM Omani power firms’ profits rise 5.4% in Q2

By: Salama Abdulrahman Mubasher:  The financial statements of the power companies listed in the Muscat Securities Market (MSM) for the second quarter of fiscal 2016 showed an increase of 5.4% in their profits, compared to the same period of 2015. …

Sector Reports

17 July 2016 11:07 AM Al Batinah Power profits slip in Q2

Mubasher: Al Batinah Power reported a 6.3% decrease in profits in Q2-16 to OMR 6.52 million ($16.7 million) compared to OMR 6.93 million ($17.81 million) in the same period last year. The company’s profits in H1-16 increased 27%, reaching OMR 4.19 …

Financial Results

21 February 2016 10:18 AM Oman’s Al Batinah Power proposes dividends for FY15

Mubasher: Al Batinah Power said that its board of directors has recommended a distribution of 10% cash dividends or 10 baisa per share, according to a burse filing. The statement showed that the dividends payment will be for shareholders of record …

Cash Dividends

31 January 2016 11:54 AM Al Batinah Power Q4-15 losses shrink 8%

Mubasher: The preliminary financial results delivered by Al Batinah Power Company showed a decline of 7.9% year-on-year in net losses for the fourth quarter of 2015. Losses shrank to OMR 2.9 million in Q4-15, versus OMR 3.15 million in the same …

Financial Results

28 June 2015 07:51 AM Unclaimed dividends

Al Batinah Power Company SAOG hereby informs its respected shareholders that Muscat Clearing & Depository Company SAOC (MCDC) has deposited the unclaimed dividends whose cutoff date was 1 December 2014 with Capital Market Authority (investors’ …

18 June 2015 08:17 AM Disclosure

Muscat, 18 June 2015:  Al Batinah Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community of the following: A full page advertisement titled ‘Opportunity’ was …

15 April 2015 07:51 AM Initial Unaudited Financial Results for the 3-month period ended 31 March 2015

Al Batinah Power Company SAOG (the “Company”) is pleased to disclose the following initial unaudited financial results for the 3-month period ended 31 March 2015, and a comparison with the same period of the preceding financial year.    …

31 March 2015 07:52 AM Unclaimed dividends

Al Batinah Power Company SAOG hereby informs its respected shareholders that Muscat Clearing & Depository Company SAOC (MCDC) has deposited the unclaimed dividends whose cutoff date was 25 June 2014 with Capital Market Authority (investors’ …

1 March 2015 08:18 AM Disclosure

Muscat, 1 March 2015: Al Batinah Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community of the following: Mr. Guillaume Baudet has been elected as a member of the board of …

11 December 2014 00:32 PM Resolutions of the Extra-Ordinary General Meeting (EGM) and Ordinary General Meeting (OGM)

Muscat, 11 December 2014: Al Batinah Power Company SAOG (the“ Company”) is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investor community that the Extra-Ordinary General Meeting (“EGM”) and Ordinary General …

21 October 2014 00:13 PM Al Batinah Power approves financials, appointments

In its statement to the Muscat Securities Market (MSM), Al Batinah Power Company announced that its Board of Directors convened on October 20, 2014.The Board approved the Company’s unaudited financial statements for the nine-month …

Banking and Finance

30 September 2014 06:44 PM Emaar Malls tops IPOs in GCC region – analysis

FARM SuperstoresThe GCC initial public offering market witnessed a remarkable boom in the first nine months of 2014.After suffering from the absence of IPOs for a long time – nearly four years in Qatar and Bahrain, the …

Corporate Actions