Gulf International Chemicals SAOG (GIC) News - Mubasher Info
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Gulf International Chemicals SAOG (GICI)

Last update: 31 December 2025 01:48 PM market time.
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1.45%
Open 0.07
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Stock Statistics
Volume 26,190
Turnover 1,833.30
All data are 15 minutes late during market session

News

(Photo Credit: Arabianeye-Reuters)
16 April 2017 11:37 AM Gulf International Chemicals’ profits fall 41% in Q1
Mubasher: Gulf International Chemicals Company on Sunday reported a 41% year-on-year drop in profits for the first quarter of 2017. The company achieved profits of OMR 140,280 ($36,400) in Q1-17, compared to OMR 237,360 ($614,900) in Q1-16, …
Financial Results
(Photo Credit: Arabianeye-Reuters)
27 March 2017 10:31 AM Gulf International Chemicals nods to 28.5 baisas/shr dividends
Mubasher: Gulf International Chemicals’ shareholders approved distributing 28.5% of its capital as cash dividends, or 28.5 baisas per share, for the fiscal year 2016. GICI’s capital amounts to OMR 2.1 million distributed on 21 million shares with …
General Assembly
Total profits for the first nine months of 2016 declined by 3.4 (Photo credit: Arabianeye - Reuters)
15 November 2016 00:30 PM Oman petchem sector’s Q3 profits rise 8%
By: Islam Fadl Mubasher: Total profits of the Omani petrochemical sector grew in the third quarter of fiscal 2016 by 8.2% to OMR 982,740 ($2.54 million), compared to OMR 908,620 ($2.35 million) for Q3-15. However, total profits for the first nine …
Financial Results
Profits from operations declined 24.80% to OMR 1.86 million in the first nine months of 2016 (Photo Credit: Arabianeye-Reuters)
16 October 2016 09:54 AM Gulf International Chemicals profits fall 44% in Q3
Mubasher: Gulf International Chemicals (GICI) posted a 44% year-on-year decline in the third-quarter financials, according to a bourse statement. Profits reached OMR 120,540 ($312,000) in Q3-16, compared to OMR 216,180 ($559,550) in Q3-15. Profits …
Financial Results
The Muscat Securities Market (Photo credit: Arabianeye - Reuters)
23 May 2016 10:19 AM NBO recommends ‘Accumulate’ on Gulf International Chemicals
Mubasher: The National Bank of Oman (NBO) recommended ‘Accumulate’ on Gulf International Chemicals stock, setting the target price at OMR 0.285. The target price set by NBO is 14% higher than the stock price of OMR 0.250, according to a report …
Stock Evaluations
Gulf International Chemicals Company’s headquarters
3 April 2016 10:58 AM Gulf International Chemicals’ OGM approves dividends increase
Mubasher: Gulf International Chemicals Company’s ordinary general meeting (OGM) agreed Thursday on increasing  the proportion of cash dividends distributed to shareholders from 35% to 44% of the share’s par value (44 Baisas per share) for 2015, …
General Assembly
Gulf International Chemicals Company's headquarters
15 March 2016 11:25 AM Gulf International Chemicals reports 60% fall in Q4-15 profit
Mubasher: Gulf International Chemicals Company posted on Tuesday a decline of 59.79% in its profit in the fourth quarter of 2015. Net profit of Q4-15 reached OMR 100,210 ($260,285), versus OMR 249,290 ($647,506) in the same period of 2014, …
Financial Results
14 January 2016 05:35 PM Initial un-audited consolidated financial results for the year ended 31st December 2015
Initial un-audited consolidated financial results for the year ended 31st December 2015 are as follows:      Year ended 31 Dec 2015 Year ended 31 Dec 2014 % Change Total Revenues 3,957,005 3,891,689 2 Total Expenses (2,263,070) (3,325,289) (13) …
13 October 2015 08:08 AM Initial Un-audited Financial Results for the 9 month period ended 30th September 2015
Initial un-audited consolidated financial results for the 9 Months ended 30 Sep 2015 are as follows:      9 months ended 30 Sep 2015 9 months ended 30 Sep 2014 % Change Total Revenues              3,035,302                2,830,910 …
Photo Credit: Arabianeye-Reuters
23 August 2015 11:46 PM Petrochemical firms mark $28bn market losses in Gulf, Egypt in August
  By: Mohamed Abou Meleeh Riyadh – Mubasher: Shareholders of listed petrochemical stocks in the Gulf region and Egypt have endured a tough month as the sector suffered strong declines in August, particularly after the sharp declines in oil prices …
Research
15 April 2015 08:05 AM Initial un-audited consolidated financial results for 3 Months ended 31 March 2015
Initial un-audited consolidated financial results for 3 Months ended 31 March 2015 are as follows:    3 months ended 31 March 2015 3 months ended 31 March 2014 % Change Total Revenues 1,316,428 965,783 36 Total …
Photo Credit: Arabianeye-Reuters
30 March 2015 09:56 AM Oman's GIC OKs 22% cash dividends
Doha-Mubasher: Gulf International Chemicals (GIC) shareholders approved to distribute a cash dividend of 22% (22 baisa per share).At their ordinary general meeting, the shareholders gave the go-ahead to appoint Murtadha Ahmed Sultan as chairman …
Corporate Actions
30 March 2015 08:04 AM Summary of decisions taken at the AGM held on 29/03/2015
The Annual General Meeting of Gulf International Chemicals SAOG held on 29/3/2015 approved the following: 1. Approved the report of the Board of Directors for the financial year ended 31 December 2014. 2. Approved the Corporate Governance Report …
Photo Credit: Arabianeye-Reuters
15 March 2015 09:30 AM Oman chemicals firm sees OMR 160,000 profit of stock sale
 Oman – Mubasher: Gulf International Chemicals reported an OMR 160,000 gain from selling a portion of shares held for the purpose of investing surplus cash.These realised profits amounting to 7.62% of the company's capital will be reflected …
Company News
15 March 2015 08:09 AM Realised profits from sale of shares
As per disclosure requirements, we would like to inform all shareholders that the company has sold a portion of shares held for the purpose of investing surplus cash and the realised profits amounted to about RO 160,000.  These realised …
8 March 2015 07:27 AM Major Decisions taken in GIC Board Meeting dated 5/3/2015
We are pleased to inform you that the Board of Directors in the meeting held on 5th March 2015, have approved the audited financial statements for the year 2014 and recommended the same for the approval of the Shareholders at the Annual General …
15 February 2015 07:24 AM Initial un-audited consolidated results for the year ended 31 December 2014
Initial un-audited consolidated financial results for the year ended 31 December 2014 as follows     Year ended 31 Dec 2014 Year ended 31 Dec 2013 % Change Total Revenues 3,878,408 3,576,077 8.5 Total Expenses …
17 August 2014 02:15 PM Gulf Chemicals profit slips 0.4% in 6 months
In its statement to the Muscat Securities Market (MSM), Gulf International Chemicals announced its financial results for the first six months of 2014, during which it achieved a net profit of OMR 186.7 THD compared to OMR 187.4 THD …
Financial Results