National Finance SAOG (NFCI)

Mubasher: The extraordinary general meeting (EGM) of National Finance Company has approved the acquisition and merger with Oman Orix Leasing Company, according to a bourse filing. The EGM has authorized the board of directors to issue new shares, …

Mubasher: National Finance Co’s board of directors in Monday’s meeting called for an extraordinary general meeting (EGM) to discuss the merger with Oman ORIX Leasing Company (OOLC). “National Finance’s offer equates to a price of 1.20x the ending …

Mubasher: National Finance on Wednesday reported that it received a preliminary approval from Oman ORIX Leasing about its previously proposed cash buyout offer. ORIX’s response came after the approvals of the shareholders of the two companies and …

Mubasher: National Finance Co on Sunday announced that its board of directors approved to offer a “cash buyout” to Oman ORIX Leasing Company (OOCL). “National Finance will be prepared to make price adjustments related to movements in OOLC’s …

Mubasher: National Finance reported a growth of 3.5% in profits during the first quarter of 2017 as compared to the same quarter of 2016. The earnings increased to OMR 1.49 million ($3.86 million) in Q1-17 from OMR 1.44 million ($3.73 million) in …

Mubasher: National Finance on Sunday announced that its merger valuation with Oman Orix Leasing Company has been completed. “Following the Consultant’s observations on the viability of the merger, the board of directors of National Finance has …

Mubasher: National Finance’s board recommended distributing cash dividends for the fiscal year 2016. The company will pay 14% cash dividends of the capital and 3% bonus shares, according to a bourse filing on Thursday. The board will distribute 14 …

Mubasher: National Finance’s initial un-audited financial results showed an increase of 20% in the company’s profits for the fourth quarter of fiscal 2016 to OMR 2.1 million ($5.44 million), compared to OMR 1.75 million ($4.53 million) for Q4-15. …

Mubasher: Oman ORIX Leasing Company and National Finance Company said Tuesday that they have concluded the initial assessment of options for strategic collaboration between the two companies. Earlier in October, National Finance said that it had …

Mubasher: National Finance said Wednesday that it has written to Oman ORIX Leasing SAOG to explore the possibility of strategic collaboration between the two organisations. In case of these discussions led to any specific ideas, these will be …

Mubasher: National Finance posted a decline of 19.7% year-on-year in profits during the third quarter of 2016 as compared to the same period a year ago. Earnings stood at OMR 1.46 million ($3.78 million) in Q3-16, compared to OMR 1.22 million …

Mubasher: National Finance Company reported on Thursday a net profit of OMR 1.35 million ($3.49 million) for the second quarter of the fiscal year 2016, 3.64% down from OMR 1.4 million ($3.62 million) posted for Q2-15. In the first half of fiscal …

National Finance’s ordinary general meeting agreed on the board’s recommendation of distributing cash dividends and bonus shares for the fiscal year 2015. The company will pay 12% cash dividends of the capital or 12 baisa per share, and will …

National Finance recorded net profit after tax worth OMR 6,021 in the fiscal year 2015 as compared to OMR 5,203 in 2014, a growth of 15.72%. The company said in a bourse statement that net operating income reached OMR 13,054 in FY15, compared to …

The initial un-audited financial results of the company for the year ended 31 December 2015 are summarized below:     Amount in RO ‘000   2015 2014 Growth Net investment in financing activities 185,503 160,869 15.31% Total assets 189,688 165,300 …

Mubasher: National Finance Company (NFC) reported profits of OMR 4.26 million in the first nine months of 2015, up 15.8% from OMR 3.68 million in the same period of 2014, according to a bourse filing. Net operating income rose 9.47% to OMR 9.59 …

  Oman – Mubasher: National Finance Company (NFC) reported a profit of OMR 2.78 million ($7.2 million) for the six-month period ended 30 June 2015, registering an increase of 15.8% from OMR 2.4 million ($6.2 million) in the same period in 2014, …

 Oman – Mubasher: National Finance Company (NFC) announced its financials for the first quarter of 2015 in a filing to the Muscat Securities Market (MSM) on Monday.The company reported a profit of OMR 1.377 million in Q1-15 compared to OMR …

National Finance is pleased to announce that the shareholders, at their Annual General Meeting held on March 25, 2015 have approved distribution of 12.5% dividend of which 10% will be in cash and 2.5% in stock.   National Finance has entered …