SMN Power declares first results since IPO

11/02/2012 08:50 AST

Announcing its first financial results since its listing on the Muscat Securities Market (MSM), following its Initial Public Offering (IPO) last October, SMN Power Holding SAOG reported a net profit of RO 3.836 million for the 12 months ended December 31, 2011. This compares with net earnings of RO 1.190 million for the previous year.

Releasing its initial unaudited consolidated results representing the financial performances of Al Rusail and SMN Barka Power companies, the holding company revealed that operating revenues climbed to RO 81.520 million in 2011, up from RO 78.322 million a year earlier.

Operating costs rose to RO 60.626 million last year, up from RO 57.409 million in 2010.

SMN Power Company is a joint venture between UAE based Kahrabel FZE (a wholly owned subsidiary of International Power plc), Abu Dhabi based Mubadala and Oman based National Trading Co.


Oman Daily Observer

News

SMN Power Resolutions subsequent to the election of the new Board

01/04/2014

Muscat, Oman, 1 April 2014: The Board of Directors of SMN Power Holding SAOG ("the Company") is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investors' communi

Press Release

Most Viewed Companies

Ticker Price Volume

Valuation

SMNP Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
OQEP 0.50 0.01 (2.04%)
OQGN 0.28 0.01 (3.70%)
OTEL 1.54 0.01 (0.65%)
ABRJ 0.46 0.00 (0.00%)
PHPC 0.22 0.01 (4.76%)

Recent News

Aamal Company plans new investments this year; growth prospects 'very bright' across sectors

22/04/2026

Aamal Company is making new investments this year as it finds growth prospects across all its business divisions as "very bright"

"Given the relative stability of Qatar`s economic landscape

Gulf Times

UDC posts QR71mn net profit on QR459mn revenues in Q1

22/04/2026

United Development Company (UDC) reported a net profit of QR71mn on revenues of QR459mn in the first three months of 2026.

The net profit attributable to the equity shareholders stood at QR7

Gulf Times

Gulf Bank launches a special offer for Kuwaiti Salary Account customers

22/04/2026

Gulf Bank has launched a special offer for Kuwaiti government salary account customers, through which customers can receive a cash welcome gift of up to KD 1,200 when transferring their salary to Gul

Kuwait Times

Nakilat reports $120.43m net profit for Q1

22/04/2026

Qatar Gas Transport Company (Nakilat) achieved a net profit of QAR439 million ($120.43 million) for the first quarter ended March 31, 2026, compared to QAR433 million for the same period of 2025.

Trade Arabia

GWC posts steady Q1 profit despite supply chain disruption

22/04/2026

Qatar-based Gulf Warehousing Company (GWC Group) has reported a net profit of QR33.7 million ($9.3 million) for the first quarter of 2026, while its gross revenues hit QR318 million ($86.3 million),

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap