Al Maha Marketing
MHAS
MHAS
The Board of Directors of Al Maha Petroleum Products Marketing Co. SAOG has met on 22 February 2015 and approved the audited financial statements for the year ended 31 December 2014.
The Board of Directors has proposed a cash dividend of Baisa 110 per share ( 110% of paid up share capital ) for the year ended 31 December 2014 subject to the approval of the shareholders at the Annual General Meeting which shall be held on 22 March 2015.
The summary of the 2014 audited financial results is given below:
|
|
|
Audited 2014 |
Audited 2013 |
Growth % |
| Sales |
RO |
369,650,724 |
318,498,270 |
16.1 |
| Other income |
RO |
2,161,270 |
1,820,285 |
18.7 |
| Cost of sales & Optg & Admn expenses |
RO |
359,789,725 |
308,632,513 |
16.6 |
| Net income after tax |
RO |
10,707,003 |
10,384,817 |
3.1 |
Source:
Muscat Exchange News
