Oman Chromite SAOG (OCCI)

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News

8 February 2017 09:45 AM Oman Chromite turns profitable in Q4

Mubasher: Oman Chromite posted on Wednesday a net profit of OMR 416,760 ($1.08 million) for the fourth quarter of the fiscal year 2016, against a net loss of OMR 126,380 ($326,090) for Q4-15. Profits for the fiscal year 2016 rose 751.8% to OMR …

Financial Results

16 November 2016 01:53 PM MSM-listed firms’ Q3 profits fall 18%

By: Islam Fadl Mubasher: Total profits of mining companies listed on the Muscat Securities Market (MSM) declined in the third quarter of fiscal 2016 by 18.01% to OMR 192,500 ($498,000), compared to OMR 234,730 ($607,500) for Q3-15. In the first …

Financial Results

3 November 2016 10:03 AM Oman Chromite sells stake in unit to Hamdan Mining

Mubasher: Oman Chromite’s extraordinary general meeting (EGM) approved on Wednesday the selling of the company’s 45% stake in Al Batinah Quarries Company to Hamdan International Mining Company for an amount of OMR 495,000, according to a bourse …

Mergers and Acquisitions

19 October 2016 01:11 PM Oman Chromite expects OMR 132,000 investment losses in unit

Mubasher: Oman Chromite expected its losses resulted from investing in Al Batinah Quarries Company to reached OMR 131,640. The company said that Al Batinah Quarries’ market value is OMR 495,000 and its fair value is OMR 424,140, according to a …

Companies Investments

18 October 2016 11:40 AM Oman Chromite EGM to discuss selling stake in unit

Mubasher: Oman Chromite invited its shareholders to attend an extraordinary general meeting (EGM) on 2 November to discuss selling the company’s 45% stake in Al Batinah Quarries Company. The step comes in order to stop the losses resulting from …

Companies Investments

13 October 2016 11:45 AM Oman Chromite profits fall 61% in Q3

Mubasher: Oman Chromite posted on Thursday a net profit of OMR 72,300 ($187,030) for the third quarter of fiscal 2016, 60.7% down from OMR 183,800 ($475,720) for Q3-15. Total revenues for Q3-16 declined 12% to OMR 1.2 million from OMR 1.4 million …

Financial Results

13 April 2016 11:37 AM Oman Chromite incurs losses in Q1

Mubasher: Oman Chromite Co. turned to losses in the first quarter of 2016, according to a bourse statement. The company posted losses of OMR 26,670 ($69,060) in Q1-16, against profits of OMR 172,170 ($445,790) in Q1-15. Total revenues declined 72% …

Financial Results

10 March 2016 09:24 AM Oman Chromite OGM approves 100 baisa/shr dividends

Mubasher: Oman Chromite Company approved distributing cash dividends for 2015 by 10% or of 100 baisa per share. The company's capital amounts OMR3 million divided on 3 million shares at par value OMR 1 per share. Oman Chromite’s board of directors …

Board of Directors

17 February 2016 04:49 PM Oman Chromite to discuss 10% cash dividends 9 March

Mubasher: Oman Chromite Company invited on Wednesday shareholders to attend ordinary and extraordinary general meetings to be held on 9 March. According to a bourse filing, the ordinary general meeting will discuss and approve a proposal to …

Cash Dividends

2 February 2016 10:02 AM Oman Chromite widens Q4-15 losses by 30%

Mubasher: Oman Chromite posted a 29.88% jump in losses to OMR 126,300 ($327,200) in the fourth quarter of 2015, compared to OMR 97,290 ($251,900) in the same quarter of 2014, according to a bourse filing on Tuesday. In the fiscal year 2015, …

Corporate Actions

13 January 2016 08:14 AM Preliminary Yearly unaudited financial results for Oman Chromite SAOG For the year ended 31-12-2015

Oman Chromite Co. SAOG     Preliminary Yearly unaudited financial results for Oman Chromite  SAOG     For the year ended 31-12-2015     Management  of Oman Chromite Co. SAOG is Pleased to Announce the initial   unaudited results for the period …

13 October 2015 08:20 AM Preliminary Third Quarter Unaudited Financial Results up to 30-09-2015

The Mangment  of Oman chromite co SAOG is Pleased to Announce the initial unaudited results for the period ended 30.09.2015 as below       Discriptions Sep-15 Sep-14 Change %             RO RO         Total Income       1,363,276       1,507,577 …

6 July 2015 10:01 AM Oman Chromite Q2 profits rise 12.5%

Oman Chromite achieved earnings worth OMR 276,797 in the first quarter ended 30 June, 2015 as compared to OMR 242,464 in the same period of 2014, a growth of 12.4%. The company’s total income stood at OMR 1.147 million in Q2-15, compared to OMR …

Company News

6 July 2015 08:41 AM Preliminary Second Quarter unaudited financial results for Oman Chromite SAOG up to 30-06-2015

Mangment  of Oman chromite co SAOG is Pleased to Announce the initial   unaudited results for the period ended 30.06.2015 as below       Discriptions Jun-15 Jun-14 difference          RO RO RO %     Total Income       1,147,516          900,286 …

15 June 2015 08:57 AM Disclosure on Increase of Mining Royalty

Oman Chromite Co. SAOG is pleased to declare on the decision of the Public Authority for Mining to increase the Royalty from 5% to 10% effective July 1st 2015. The effects of the decision will be clear on the third quarter results of this year …

14 April 2015 08:13 AM Preliminary Quartery unaudited financial results for Oman Chromite Co SAOG up to 31March 2015

The Mangment  of Oman chromite co SAOG is Pleased to Announce the initial   unaudited results for the period ended 31.03.2015 as below       Discriptions March-15 March-14 difference        …

11 March 2015 08:22 AM Summary of Events and Decisions Taken at the Annual General Meeting

The annual general meeting of Oman Chromite Company (SAOG) was held on Tuesday, 10th of March 2015, at 3:00 PM at the Conference Hall, at Chamber of Commerce and Industry Building – Sohar The following is a summary of the concluded resolutions: …

11 February 2015 08:31 AM The summary of the decisions of the meeting of Board of Directors of Oman Chromite SAOG

  The summary of the decisions of the meeting of Board of Directors of Oman Chromite SAOG that was held on February 10th 2015. 1-    Approval of the audited financial statements for the year ended 31st December 2014 Summary of key data for the …

28 January 2015 08:03 AM Preliminary Un-audited Financial Results for the year ended 31st December 2014

Oman Chromite company is pleased to disclose the preliminary summarized un-audited financial results for the year ended 31st December 2014 as given below 20142013%ChangeRevenue1,941,267 2,171,218 (10)Other …