Salalah Port Services SAOG (SPSI)

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News

27 April 2017 11:01 AM Salalah Port Services OKs 20 baisas/shr for FY16

Mubasher: The annual general meeting (AGM) of Salalah Port Services Company has approved distributing cash dividends, representing 20% of its capital, at 20 baisas per share for fiscal year 2016. The AGM approved the board’s reports of the …

Corporate Actions

6 April 2017 05:23 PM Salalah turns to losses in Q1

Mubasher: Salalah Port Services Company turned to losses in the first quarter of 2017 compared to the same quarter in 2016, according to the company’s unaudited financial statements. The company’s losses in Q1-17 stood at OMR 1.02 million ($2.64 …

Financial Results

19 February 2017 10:50 AM Salalah Port Services proposes 20% dividends

Mubasher: Salalah Port Services Company said its board recommended 20% cash dividends, or 20 baisas per share, for the fiscal year 2016, according to a bourse statement. The company’s shareholders will meet on 27 March to discuss the proposed …

Cash Dividends

9 October 2016 01:53 PM Salalah Port Services Q3 profit rises 134%

Mubasher: Salalah Port Services Company posted on Sunday a net profit of OMR 1.27 million ($3.29 million) for the third quarter of fiscal 2016, 134.3% up from OMR 542,000 ($1.4 million) for Q3-15. Net profit for the first nine months of 2016 rose …

Financial Results

25 September 2016 02:12 PM Salalah Port to renew contract with Maersk Line

Mubasher: Salalah Port Services said its board approved to renew a contract for port services with Maersk Line, according to a statement. The five-year contract will cover from September 2016 to August 2021.

Companies Investments

4 September 2016 11:48 AM Oman’s finance ministry transfers stake in Salalah

Mubasher: Salalah Port Services said Sunday that Oman’s ministry of finance has transferred its 20.085 % shares held in the company to Oman Global Logistics Group, a fully owned company by the ministry. The ministry’s stake in Salalah Port …

Mergers and Acquisitions

10 July 2016 03:29 PM Salalah Port Services Q2 profits fall 16.5%

Mubasher: Salalah Port Services reported a slide of 16.5% in its earnings for the second quarter of 2016, according to a bourse filing. The company earned OMR 1.11 million ($2.87 million) compared with OMR 1.33 million ($3.44 million) for the year …

Financial Results

29 March 2016 11:16 AM Salalah Port Services’ OGM approves 20% cash dividends

Mubasher: Salalah Port Services Company’s ordinary general meeting (OGM) agreed yesterday to distribute cash dividends at 20% of the capital or 20 Baisas per share for the fiscal year 2015, according to a bourse filing released on Tuesday. The …

General Assembly

11 February 2016 09:25 AM Salalah Port’s board proposes 15% dividends

Mubasher: The board of Salalah Port Services has recommended distribution of 15% cash dividends, according to a bourse statement. The Omani company noted that shareholders will discuss the dividends proposal on 28 March. Salalah Port has achieved …

Management Decisions

7 January 2016 10:54 AM Salalah Port Services Q4 profit falls to OMR5.2m

Mubasher: Salalah Port Services posted unaudited financial statements for the fourth quarter of 2015, which showed a decline by 1.5% in net profit to OMR 5.18 million ($13.4 million), from OMR 5.26 million ($13.6 million) in the prior-year period. …

Financial Results

8 October 2015 08:03 AM Unaudited and unapproved brief financials for 9 months ended September 30, 2015

Salalah Port Services Company S.A.O.G.       Unaudited and unapproved brief financials for 9 months ended September 30, 2015                        Year todate Sep 2015   Year todate Sep 2014  Change %      A   B  A/B      in OMR '000    Total …

8 April 2015 10:46 AM Salalah Q1-15 profit declines to OMR 1.3m

Muscat-Mubasher: Salalah Port Services reported a drop in profit by 21.9% to OMR 1.331 million in the third quarter ended 31 March 2015, compared to OMR 1.704 million during the same period of 2014.The company reported a decline in its profit by …

Company News

29 March 2015 11:16 AM Salalah Ports OGM approves 15% dividends

 Oman – Mubasher: Salalah Ports Services (SPS) said its ordinary general meeting (OGM) has approved a 15% cash dividend, amounting to 15 baisa per share to shareholders, according to a filing to the Muscat Securities Market (MSM).The company …

Corporate Actions

12 February 2015 00:43 PM Salalah Ports reports 7% profit fall in 2014

 Audited financial statements for Salalah Ports Services (SPS), posted to the Muscat Securities Market (MSM), reveal a profit decline by 7.56% to OMR 5.2 million for the fiscal year 2014 ($13.5 million) against OMR 5.7 million ($14.8 million) for …

Company News

12 February 2015 08:02 AM Decisions taken at the Board Meeting held on February 11, 2015

The Board of Directors in their meeting held on 11th February 2015 proposed a cash dividend distribution of 15% on the paid up equity capital of the Company for the financial year ended 31st December 2014 subject to approval of the shareholders at …

20 January 2015 01:47 PM Update on Container Business

Management has been in discussion with one of its important container business client to finalize the business terms for the year 2015 as part of its commercial strategy. It is indicated by them that their share of transshipment business through …

13 January 2015 09:01 AM Initial unaudited & unapproved financials for 12 months ended 31 Dec 2014

Salalah Port Services Company SAOG has declared its initial unaudited financial results for 12 months period ended 31st December 2014. Further details are available as stated below:  Year to date Dec 2014  Year to date Dec 2013 …

15 October 2014 08:18 AM Salalah Port Q3 profit soars 70%; 9M up

In its statement to the Muscat Securities Market (MSM), Salalah Port Services announced its unaudited financial statements for the third quarter of 2014, during which it achieved a net profit of OMR 1.224 million against OMR 719,000 …

Financial Results

15 August 2014 11:04 AM Salalah Port posts 19% fall in profit at 3.18m rials in H1

Port of Salalah recorded consolidated net earnings of OMR 3.18 million for the first six months ended June 30, a decline of 19% compared to the same period of last year, according to Oman Tribune.The company said that there was 28% …

Corporate Actions

7 August 2014 00:08 PM Salalah Port Services renews Maersk deal till May 2017

In its announcement to the Muscat Securities Market (MSM), Salalah Port Services said that it has renewed and signed a multi-year Terminal Services Agreement, ending May 31, 2017 with Maersk Line.Maersk has been an integral customer …

Banking and Finance