Muscat Gases Company (SAOG) (MGC) News - Mubasher Info
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Muscat Gases Company (SAOG) (MGMC)

Last update: 1 July 11:24 AM market time.
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Stock Statistics
Volume 5,401
Turnover 696.73
All data are 15 minutes late during market session

News

Photo Archive
3 November 2020 02:20 PM Muscat Gases posts 26.6% lower profit in 9M
Mubasher: The Muscat Gases Company (MGC), listed on the Muscat Stock Exchange (MSM), witnessed a decrease in its profits during the first nine months of 2020 by 26.6% year-on-year (YoY). The company’s preliminary financial results showed that it …
Photo Credit: Arabianeye-Reuters
16 April 2017 02:54 PM Muscat Gases profits down 40%
Mubasher: The unaudited initial financial results of Muscat Gases Company showed a decline in profits by 40.3% year-on-year in the first quarter of 2017, according to a bourse filing. Profits totalled OMR 175,030 in Q1-17 compared to OMR 293,160 …
(Photo Credit: Company website)
19 March 2017 11:29 AM Muscat Gases approves dividends of 30 baisas/shr
Mubasher: Muscat Gases Company’s (MGMC) ordinary general meeting (OGM) approved distributing cash dividends of 30 baisas per share or 30% of the company’s capital, according to a company statement. The company’s capital amounts to OMR 3 million …
2016 profits totalled OMR 763,586 - (Photo Credit: Arabianeye-Reuters)
18 January 2017 09:54 PM Muscat Gases profits down 59% in Q4
Mubasher: The initial financial results of Muscat Gases Company showed a 59% decline in net profits in the fourth quarter of 2016, according to a bourse filing. Profits totalled OMR 117,880 ($305,088) in Q4-16 compared to OMR 290,000 ($750,556) in …
earnings down 50% in Q2 (Photo Credit: Company's Website)
17 July 2016 09:25 AM Muscat Gases Q2 profits slashed 50%
Mubasher: Muscat Gases said Sunday that its earnings for the second quarter of 2016 declined by 50% year-on-year to OMR 200,540 ($515,600) from OMR 404,420 ($1.04 million), according to a bourse filing. On a six-month basis, the company earned OMR …
Photo credit: Company website
19 April 2016 00:21 PM Muscat Gases’ Q1 profit down 13%
Mubasher: Muscat Gases Company’s profits declined in the first quarter of fiscal 2016 by 12.8% year-on-year. Net profit reached OMR 293,160 ($759,480) in Q1-16, versus OMR 336,130 ($870,800) in Q1-15, according to the company’s financial …
Photo credit: Arabianeye - Reuters
27 March 2016 02:26 PM Muscat Gases’ shareholders approve 35% cash dividends
Mubasher: Muscat Gases Company’s shareholders agreed Sunday on the board of directors’ recommendation to distribute cash dividends at 35% of the capital (35 Baisas per share) for the fiscal year 2015, totalling OMR 1.05 million ($2.73 million). …
Photo Archive
9 February 2016 10:18 AM Muscat Gases proposes distributing 35% of capital as dividend
Mubasher: Muscat Gases (MGMC) board of directors recommended distributing cash dividends at 35% of capital, pending the approval of the company’s annual general meeting to be held on 24 March. The company achieved OMR 1.30 million ($3.37 million) …
Photo Credit: Arabianeye-Reuters
28 January 2016 11:21 AM Muscat Gases profits fall 4.4% in FY15
Mubasher: Muscat Gases Company reported a 4.4% profit decline to OMR 1.30 million ($3.37 million) in the fiscal year 2015, compared to OMR 1.36 million ($3.52 million) in the fiscal year 2014, according to a bourse filing. The company’s revenues …
22 April 2015 08:31 AM Announcement of Land Acquisition
Muscat Gases Company SAOG is pleased to announce that it has acquired on 20th April 2015 a plot of Land in Ghala heightsindustrial in Bowsher area measuring 2005 sq meters. The cost  incured till date towards  acquisition of the land are …
25 March 2015 07:43 AM Muscat Gases Co.SAOG - Resolution passed in AGM held on 24th March 2015
Annual General Meeting (AGM) of Muscat Gases Company SOAG was held at 5 pm on Tuesday, 24th March 2015 at Park Inn Hotel – Al Khuwair and the following resolutions were passed in the meeting. The Shareholders approved the Board of Directors …
14 September 2014 03:38 PM Revised MSM Sharia Index begins trading Sunday
The Muscat Securities Market (MSM) has revealed that the revised Shariah Index, which consists of 32 listed companies, will begin trading on Sunday, September 14, reported Muscat Daily, adding that MSM revises the sample …