Oman Flour Mills SAOG (OFMI)

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News

27 August 2017 02:34 PM Oman Flour Mills’ subsidiary invests in soya crushing project

Mubasher: Atyab Investment LLC, a wholly-owned subsidiary of Oman Flour Mills (OFM), on Sunday announced that its board has approved a 40% shareholding in a soya crushing project, along with other investors. The company would invest OMR 5.2 …

Companies Investments

18 January 2017 06:41 PM Oman Flour Mills profits up 47% in H1

Mubasher: Oman Flour Mills reported a 46.6% increase in net profits in the first half of the fiscal year 2016-2017, according to the company’s statement to the Muscat Securities Market (MSM). Profits totalled OMR 8.15 million ($21 million) in H1 …

Financial Results

21 December 2016 07:09 AM Oman Flour Mills to establish largest table-egg firm

Mubasher: Oman Flour Mills Company said Wednesday that it has signed a Memorandum of Understanding (MoU) with Gulf Japan Food Fund, IFFCO Group and Ise Foods to establish the largest table-egg company in Oman The green field table egg farm is …

Companies Investments

13 October 2016 11:44 AM Oman Flour Mills profits up 70.7% in Q1

Mubasher: Oman Flour Mills posted an increase of 70.7% in net profits for the first quarter of the fiscal year 2016/17. The company saw net profits of OMR 3.55 million ($9.2 million) for the first quarter of FY16/17, up from OMR 2.08 million ($5.4 …

Financial Results

29 September 2016 08:16 AM Oman Flour Mills approves annual dividends

Mubasher: Oman Flour Mills’ shareholders gave the go-ahead on Wednesday to distribute 45% dividends or 45 baisas per share for the fiscal year ended 30 June 2016, according to a bourse statement. The approved dividends stand at a total of AED 7.09 …

Corporate Actions

6 September 2016 07:32 AM Oman Flour Mills’ shareholders to discuss 45 baisas/shr dividends

Mubasher: Oman Flour Mills Company said Tuesday that its extraordinary and annual general meeting (EGM – AGM) will be held on 28 September. The AGM will discuss a recommendation to distribute cash dividends at 45% of the paid up capital or 44 …

General Assembly

24 August 2016 07:15 AM Oman Flour Mills recommends 45 baisas/ shr dividends

Mubasher:  Oman Flour Mills’ board of directors proposed during its meeting on Tuesday the distribution of cash dividends of 45 baisas per share (45% of the paid-up capital) for the fiscal year ended on 30 June 2016. The recommendation will be …

Cash Dividends

21 July 2016 06:26 AM Oman Flour Mills posts 87% rise in Q4 profits

Mubasher: Oman Flour Mills Company’s profits rose by 87% year-on-year in the fourth quarter of the fiscal year ended on 30 June 2016. Net profit reached OMR 4.3 million ($11.1 million) in Q4-16, versus OMR 2.3 million ($6 million) in Q4-15, …

Financial Results

18 January 2016 05:37 AM Oman Flour Mills posts 46% rise in annual profit

Mubasher: Oman Flour Mills Company reported on Monday a rise of 46% year-on-year in its annual profit of 2015. Profit rose to OMR 5.56 million in 2015 from OMR 3.81 million in 2014, according to the company’s financial statements. The company’s …

Financial Results

17 January 2016 10:59 AM Initial Un-Audited Financial results for 6 months,31-Dec-15

  The management of OFM is pleased to disclose the Group and Parent company un-audited initial financial results for the six months ended 31 December 2015 as follows:       Group   Parent Company       2015   2014   2015   2014       (Un-Audited) …

19 October 2015 03:21 AM Initial Un-Audited Financial results for 3 months,30-09-15

  The management of OFM is pleased to disclose the Group and Parent company un-audited initial financial results for the nine months ended 30 September 2015 as follows:       Group   Parent Company       2015   2014   2015   2014       …

30 September 2015 07:01 AM Oman Mills shareholders OKs 27% dividends

Mubasher: Oman Flour Mills shareholders approved on Tuesday the distribution of cash dividends representing 27% of the paid up capital or 0.027 per share, according to a bourse filing. During the annual general meeting, the shareholders approved …

General Assembly

30 September 2015 03:37 AM Decisions approved in AGM held on 29th September 2015

Decisions approved in AGM held on29th September 2015   1. AGM approved the Board of Director’s report for the year ended 30th June 2015.  2. AGM approved the Corporate Governance Report for the year ended 30th June 2015.  3. AGM approved the …

31 August 2015 04:36 AM Board of Directors’ decisions on 30 August 2015

Audited Accounts for the financial year ended 30 June 2015 & Distribution of Dividend   (A) The Board of Directors in their meeting held on 30 August 2015 has approved the audited financial statements of the Group and Parent Company for the year …

21 July 2015 00:48 PM Oman Flour Mills profits rise 15.5% y-o-y

Oman Flour Mills Company reported that its unaudited initial financial results for the year ended 30 June, 2015 showed an increase in its earnings by 15.5%. The unaudited results showed OMR 8.11 million ($21 million) earnings in the year ended 30 …

Company News

21 July 2015 09:51 AM Initial un-audited financial results for year ended 30-06-2015

  The management of OFM is pleased to disclose the Group and Parent company un-audited initial financial results for the year ended 30 June 2015 as follows:       Group Parent Company       2015 2014 2015 2014       (Un-Audited) (Audited) …

18 May 2015 09:25 AM Extend the term of the Government representative on the Board of Directors

As per the Cabinet decision No. 15/2014 dated 14/04/2015, and with reference to the Ministry of Finance letter dated 11/05/2015 received on 18/05/2015, the Cabinet have approved to extend the term of the Government representative on the Board of …

4 February 2015 04:15 AM Q2 FS approved by the BOD

Q2 Financial Statements for the 6 months ended 31-December-2014 have been approved by the Board and the same have been uploaded.

29 January 2015 04:37 AM Establishment of Sohar Flour Mills at Sohar Industrial Port

A lease agreement has been signed to establish the Sohar Flour Mills project at Sohar Industrial Port at an approximate space of 26,000 sqm which is planned to start construction in Q1 of 2015 and is expected to be completed by the end of …

8 January 2015 07:09 AM Oman Flour Mills gets go ahead for OMR15.5m mill

 In its filing to the Muscat Securities Market (MSM) on Thursday, January 08, 2015, Oman Flour Mills (OFM) announced that its Board of Directors has approved going ahead with the setting up of a 500 million tons per day flour mill in Sohar. “In this …

Company News

8 January 2015 05:35 AM Update on Sohar Flour Mill

In compliance with Article (15) of the Rules and Guidelines on Disclosure by Issuer of Securities and Insider Trading, Oman Flour Mills SAOG would like to announce that, the Board of Directors in their meeting held on 7 January 2015 have approved …

14 September 2014 00:38 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 …

Trading Activities

25 August 2014 10:52 AM Oman Flour Mills proposes 25% cash dividends to shareholders

In its statement to the Muscat Securities Market (MSM), the Board of Directors of Oman Flour Mills announced its approval of the Company’s audited financial statements of the Group and Parent Company for the year ended June 30, …

Corporate Actions