Title :

Announcing the Resolutions of Board Meeting GULF HOTELS (OM)

Content :

The board of directors discussed the topics listed on the agenda in its meeting no. 1 held on 16/02/2026 and passed the following resolutions.

Muscat Stock Exchange

Sultanate of Oman

Date: 16.02.2026

 

Resolutions approved by the Board of Directors

 

Gulf Hotels (Oman) Company Ltd. SAOG (company) would like to disclose that its Board of Directors held a meeting on 16^th February 2026 and approved the following resolutions:

 

1.    The Board of Directors approved the audited financial statements of the company and the Directors’ report for the financial year ended 31^st December 2025. The summarized audited financial results are as under:

 

	2025 Audited Rials Omani	2024 Audited Rials Omani	% Change
Total Revenue	6,912,648	7,618,267	(9.26)
Total operating expenses	(5,869,987)	(6,160,601)	(4.72)
Depreciation	(557,397)	(428,019)	30.23
Taxation	(74,184)	(157,164)	(52.8)
Net Profit after tax	411,080	872,483	(52.88)
Basic earnings per share	0.120	0.254	(52.76)

 

2.    The Board of Directors recommended a cash dividend of 20% on paid up equity capital (amounting to Baizas 200 per share) for the financial year ended 31^st December 2025 subject to its approval by forthcoming annual general meeting of the shareholders.

 

3.    Approved the Dividend distribution policy of the Company, which will be disclosed on MSX portal.

*Board meeting resolutions have to be disclosed one hour, at least, before the beginning of the next day trading session.