Muscat Finance SAOG (MFCI)

Mubasher: Muscat Finance on Sunday posted a 25.8% hike in profits for the second quarter ended June 2017, according to a statement. The Muscat-listed firm achieved a profit of OMR 1.22 million ($3.2 million) in Q2-17 from OMR 970,000 ($2.5 …

Mubasher: The general assembly of Muscat Finance Company has approved the distribution of cash dividends and bonus shares, according to a bourse filing. The company said in a statement to the Muscat Securities Market (MSM) that dividends will be …

Mubasher: The board of Muscat Finance has recommended distributing cash dividend and bonus shares for the fiscal year of 2016. The board has proposed a 10% cash dividend or 10 baisas per share, with an overall value of OMR 2.67 million, according …

Mubasher: Muscat Finance posted on Thursday a net profit of OMR 1.07 million ($2.77 million) for the third quarter of fiscal 2016, falling 1.8% from OMR 1.09 million ($2.82 million) for Q3-15. The company’s unaudited financial statements showed a …

Mubasher: Muscat Finance on Sunday reported a 5.4% profit rise in the second quarter of 2016 to reach OMR 1.17 million ($3.01 million) compared to OMR 1.11 million ($2.85 million) in Q2-15, according to a bourse filing. The company’s profits were …

Mubasher: Muscat Finance Company announced on Wednesday that its extraordinary general meeting (EGM) will be held on 30 June to discuss and approve issuing unsecured non-convertible subordinated bonds worth OMR 5 million, with a nominal value of …

Mubasher: Muscat Finance Company invited shareholders to attend the ordinary general meeting on 23 March to discuss cash dividends and bonus shares, according to a bourse filing released on Tuesday. The company’s board of directors earlier …

Mubasher: Muscat Finance reported a 8% profit decline to OMR 892,000 in the fourth quarter of 2015, compared to OMR 970,000 in the same quarter of 2014, according to a bourse filing on Monday. The company’s profits rose to OMR 4.356 million in the …

After Compliments, The initial annual un-audited financial results of the company for the year ended 31st December 2015 are as follows: Amount in RO '000 Growth 31 Dec 14 31 Dec 15   12% 137,814 154,015 Net Investment in Finance Debtors 8% 33,251 …

Decision taken at the Board meeting held on 20th October 2015 Ms. Ashwini Balasubramaniam was appointed as Secretary to the Board. Chairman            

After Compliments, Omar Zawawi Establishment  LLC has replaced  Mr. V. Venkataraman as its nominee on the Board of Muscat Finance (SAOG) with Mr. Tanmay Mehta. The new Director’s appointment is subject to regulatory approvals. Best regards …

After Compliments, The initial un-audited financial results of the company for the period ended 30th June 2015 are as follows:       The results are unaudited and subject to approval of The Audit Committee and The Board of Directors     Amount in …

Muscat-Mubasher: Muscat Finance reported a profit rise by 15% to OMR 1.261 million during the first quarter ended 31 March 2015, compared to OMR 1.094 million during the same period of 2014.The company previously reported a growth in profit by 18% …

NOTICE OF ANNUAL GENERAL BODY MEETING – 23.3.2015   Notice is hereby given that the Annual General Body Meeting (AGM) of the shareholders of Muscat Finance will be held at 3:00 p.m., on March 23, 2015, at Al Falaj Hotel, Ruwi to …

The Oman national scale assigned to Muscat Finance Company (MFC) showed continuous stability of ratings at omBBB long-term and omA3 short-term, reported Capital Intelligence (CI).According to CI, the ratings are backed by …

Muscat Securities Market (MSM) indices declined at the end of Thursday’s session. The benchmark index (MSM30) plunged by 0.04% or 2.64 points and closed at 7545.020 points, while the Sharia index rose by 0.12% to 1084.58 …