Oman Flour Mills Company SAOG

OFMI

OM0000001400

Food Processing

End-of-day quote Muscat Exchange Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
0.468 ^OMR	+1.74%		-6.40%	-8.24%

Apr. 17	Oman Flour Mills Company SAOG Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Jan. 16	Oman Flour Mills Company SAOG Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Oman Flour Mills Company SAOG Reports Earnings Results for the First Quarter Ended March 31, 2024

April 17, 2024 at 08:43 am EDT

Oman Flour Mills Company SAOG reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was OMR 35.37 million compared to OMR 33.88 million a year ago. Net income was OMR 2.17 million compared to OMR 0.509 million a year ago.

Latest news about Oman Flour Mills Company SAOG

Oman Flour Mills Company SAOG Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 17	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 15	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-15	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-12	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Oman Flour Mills Company SAOG Announces Executive Changes	23-03-29	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the Full Year Ended December 31, 2022	23-01-14	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-10	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-09	CI
Oman Flour Mills Company SAOG Reports Earnings Results for the Full Year Ended December 31, 2021	22-01-12	CI
Oman Flour Mills Company SAOG Announces the Appointment of Mr. Abdullah Bin Mohammed Al Bahri as the Investor Relations Officer	21-10-10	CI
Oman Flour Mills Company Saog Reports Earnings Results for the Half Year Ended June 30, 2021	21-07-13	CI
Oman Flour Mills Company Saog Reports Earnings Results for the Full Year Ended December 31, 2020	21-01-13	CI
Oman Flour Mills Company Saog Reports Earnings Results for the Full Year Ended December 31, 2019	20-02-29	CI
Oman Flour Mills Company Saog Announces Appointment of Ibrahim Al Amri as the COO	18-10-30	CI
Oman Flour Mills Company Reports Unaudited Earnings Results for the Year Ended June 30, 2018	18-07-15	CI
Oman Flour Mills Company SAOG(MSM:OFMI) added to MSM 30 Index	18-06-22	CI
Oman Flour Mills SAOG Announces Resignation of Salim Khairulla as Chief Financial Officer, Effective May 17, 2018	18-04-17	CI
Oman Flour Mills Company SAOG Announces Un-Audited Group and Parent Company Earnings Results for the Nine Months Ended March 31, 2018	18-04-11	CI
Oman Flour Mills Company SAOG Appoints Haitham Mohamed Al Fannah as the CEO	18-01-23	CI
Oman Flour Mills Company SAOG Announces Unaudited Group and Parent Earnings Results for the Six Months Ended December 31, 2017	18-01-15	CI
Oman Flour Mills Announces Unaudited Group and Parent Earnings Results for the Three Months Ended September 30, 2017	17-10-11	CI
Oman Flour Mills Company Reports Unaudited Group and Parent Earnings Results for the Year Ended June 30, 2017	17-07-13	CI
Oman Flour Mills Co. Announces Group Earnings Results for the Nine Months Ended March 2017	17-05-31	CI
Oman Flour Mills Reports Group and Parent Company Un-Audited Initial Earnings Results for the Nine Months Ended 31 March 2017	17-04-12	CI

Chart Oman Flour Mills Company SAOG

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Company Profile

Oman Flour Mills Company SAOG (OFM) is an Oman-based company, which is engaged in the milling and food processing business. The primary activities of the Company are milling of wheat and other cereals, sale of flour, and the processing and sale of animal feed. It manufactures and markets two principal product lines, flour products that are marketed under the Dahabi brand name, and feed products that are marketed under the Barakat brand name. OFM operates through its subsidiaries Modern Poultry Farms Company SAOC, which is engaged in the production and sale of eggs and related by-products (spent hens and poultry manure), Atyab Bakery LLC, which is engaged in the sale and distribution of franchise frozen bakery products and Atyab Investment LLC, which is engaged in investments in the food sector and related industries. The Company distributes its products to the Arabian Gulf markets, as well as exports them to Africa, the Commonwealth of Independent States and the Far East market.

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Food Processing

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.468 OMR

Average target price

0.57 OMR

Spread / Average Target

+21.79%

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Quarterly revenue - Rate of surprise

Company calendar

Sector Flour Milling

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Flour Milling