- MGCI

Muscat Securities Market (Sultanate of Oman)
0 Last Update 28/09/2026 16:14 KSA
 
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Activities

Majan Glass Company SAOG, established in 1997, was created to meet the high demand for glass containers in Oman, the GCC, and internationally. The company serves the soft drink, food, and beverage sectors and is publicly listed on the Muscat Securities Market, with the Omani Ministry of Finance holding 75.3% of the shares.

Located in Sohar Industrial Estate, about 200 km from Muscat and Dubai, Majan Glass boasts advanced manufacturing facilities capable of producing 250 MT of glass per day. They operate two furnaces and five production lines to create glass containers ranging from 88ml to 1000ml in various sizes and colors.

The plant became operational in March 1997 at an initial cost of RO 11.01 million (approximately USD 28.4 million). Majan Glass produces empty glass containers and jars for beverages and food products, catering to domestic and international markets, including the Middle East and the Far East.

In 2009, Majan Glass achieved a sales turnover of 63,832 MT and gross revenue of RO 10.634 million. They offer value-added features like online labeling, ACL (Applied Ceramic Labeling) printing, and PVC shrinkable label sleeving facilities, ensuring top-quality products through stringent quality checks.

Majan Glass is an approved supplier to Pepsi Cola International and Coca-Cola International, and has earned ISO 9001:2008 and ISO 22000:2005 certifications. The company has also received the "Omani Quality Mark" from the Ministry of Commerce and Industry.

Managed by experienced professionals, Majan Glass emphasizes the training and recruitment of Omani citizens, with 36% of their workforce being Omani.

  • Chairman:
    Mohammed A. M. Al-Farsi
  • Vice-chairman:
    Omar M. N. Al-Rasbi
  • CEO:
    Mohammed A. M. Al-Farsi
  • General Manager:
    Asit R, Chawla
  • Board Members:

    Al-Muatasim M. S. Al-Mutairi

    Mohammed A. M. Al-Farsi

    Ms. Yusra M. H. Al-Shidhani

    Omar M. N. Al-Rasbi

    Qais S. S. Al-Suhai

  • Auditors:

    Crowe Mak Ghazali LLC

Board Secretary

Deepak Adnani
Announced On Period As Of Net Profit (SAR Mil) Growth (%)
14/01/2026 12-Month 31/12/2025 -02 0
15/10/2025 9-Month 30/09/2025 -01 0
14/07/2025 6-Month 30/06/2025 -01 0
15/04/2025 3-Month 31/03/2025 00 0
15/10/2024 9-Month 30/09/2024 -01 0
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
MAADEN 63,321.31 62.1 1.63 0 27.79 2.87 0 1.07 0.79 2.86
SABIC 37,736.4 47.64 0.93 -21.66 -6.83 0.95 0 0.84 6.11 12.03
BOROUGE 19,472.45 2.36 -0.85 -7.39 73.68 0 0 0 0 0
SABICAGRINUTRIENTS 15,680.31 124 0.32 4.3 13.13 0 0 0 0 0
LUBEREF 5,945.28 132.3 0.07 50.23 16.16 0 0 0 0 0
FERTIGLB 5,829.82 2.58 0 4.03 23.67 0 0 0 0 0
YANSAB 4,737.04 31.74 0.44 -6.12 61.11 1.05 0 1.02 12.02 14.2
ALBH 2,999.49 0.8 0 -11.11 3.59 1.27 1.76 0.74 5.36 0
SIPCHEM 2,380.38 12.35 1.39 -38.17 -5.36 0.88 0 1.29 2.06 5.99
SIIG 2,119.96 11.82 0.93 -36.98 156.55 0.88 0 1.36 4.18 16.66
SAUDIKAYAN 2,014.74 5.06 0.39 -3.82 -3.27 0.53 0 1.39 1.66 4.8
ORAS 1,800.51 58.7 -2.17 73.91 27.09 0 0 0 0 0
AMAK 1,791.68 74.3 -0.54 4.48 27.21 0 0 0 0 0
EASTPIPES 1,705.81 202.5 -0.35 73.53 10.56 0 0 0 0 0
ADVANCED 1,521.61 21.95 -0.05 -35.41 2,440 1.43 0 0.85 16.27 23.74
TASNEE 1,483.17 8.25 -0.85 -25.78 -1.48 0.74 0 1.22 1.5 6.32
QACCO 1,290.52 43.9 0.22 3.79 20.99 2.26 0 0.64 14.16 16.02
BPCC 1,218.58 699 -0.15 9.78 10.89 0 5.16 0.19 2.33 0
YC 1,192.65 22.1 0 -27.49 9.22 1.37 0 0.69 3.24 3.95
SAUDICEMENT 1,124.56 27.74 0.58 -31.77 11.87 1.55 0 0.89 13.64 19.25
KCEM 933.37 400 2.56 16.33 0 0 4.57 0.14 5.34 0
SSP 761.8 56 -0.09 8.94 10.5 3.25 0 1.1 -4.7 -8.14
SPCC 674.56 18.3 1.21 -32.79 -36.83 0.88 0 0.81 9.87 13.49
RIYADHCEMENT 663.27 20.74 0 -26.35 12.94 0 0 0 0 0
YCC 627.93 14.93 -0.21 -11.53 19.35 0.69 0 0.75 8.66 10.18
SPM 599.17 61.1 0.74 10.37 19.22 8.51 0 1.21 -3.38 -13.76
OCOI 557.54 0.62 -4.62 35.42 20.97 1.2 0 0.09 5.36 0
ACC 548.99 20.7 0.48 -6.49 9.56 0.72 0 0.76 4.76 6.34
EPCCO 544.78 23.95 0.75 -10.23 9.38 0.98 0 0.59 6.21 7.11
GROUPFIVE 522.34 70.05 0.07 69.49 12.04 0 0 0 0 0
ALUJAIN 506.04 27.52 0.29 -23.48 -1.6 1.63 0 1.22 9.45 9.62
NCC 488.33 5 0 11.11 25.84 1.07 0 -0.01 2.91 0
ALYAMAMAHSTEEL 482.5 35.6 -0.12 -1 15.45 2.88 0 0.82 8.27 15.4
CHEMANOL 478.51 27.32 2.62 -44.16 -0.73 3.25 0 1.16 -2.71 -5.58
SENAAT 425.65 26.66 0.15 -18.14 8.85 0.95 0 0.91 2.66 9.36
MEPCO 389.64 17 0.77 -39.66 94.3 1.3 0 1.09 1.02 2.31
CITYCEMENT 377.2 10.22 1.08 -34.86 13.16 0.94 0 0.8 5.1 5.48
TALCO 348.16 33.14 1.46 -22.61 15.1 0 0 0 0 0
ZOUJAJ 315.47 36.18 0.55 -10.68 10.6 1.76 0 0.87 7.35 9.39
NORTHERNCEMENT 315.16 6.57 0 -16.09 19.71 0.59 0 0.76 1.72 2.68
ATMI 304.36 0.94 1.07 95.83 12.57 2.46 0 1.15 5.07 0
APC 291.55 5.46 -0.19 17.21 12.1 0.4 0 0.95 0.53 1.11
ALKOUT 274.78 830 0 -39.77 15.89 0 5.66 0.04 18.58 0
UCIC 269.48 25.44 0.63 -11.92 9.6 0 0 0 0 0
RIYADHSTEEL 253.71 1.35 -0.74 -23.16 16.65 0 0 0 0 0
NAJRANCEMENT 246.91 5.49 0.73 -30.04 36.09 0.46 0 0.9 0.14 0.19
ALRASHEED 179.09 57.25 2.23 -23.64 11.86 0 0 0 0 0
BCI 176.62 24 -0.42 -12.04 12.84 1.46 0 0.63 5.87 8.22
TCC 169.09 7.06 0.14 -29.5 43.07 0.56 0 0.66 0.29 0.47
UACC 166.07 11.36 0.26 -23.6 9.99 1.29 0 0.98 2.56 0
JOUFCEMENT 138.76 4.8 0.2 -28.19 -2.43 0.39 0 0.83 1.73 2.61
ASLAK 126.02 16.93 0.53 -29.48 25.98 1.52 0 1.12 4.68 5.21
NAMACHEMICALS 117.46 18.74 0 -31.2 5.66 1.57 0 1.17 -50.3 -271.83
FIPCO 109.41 35.74 0.11 -1.33 -31.81 2.07 0 1.1 3.11 4.03
NGC 106.33 12.6 0 -38.33 -11.09 1.01 0 1.01 -1.3 -1.35
SAUDITOP 105.11 9.8 -0.61 42.9 49.82 0 0 0 0 0
RCCI 98.51 0.19 0 111.11 -3.03 0.22 0 0.75 5.38 0
MAADANIYAH 98.4 10.68 2.39 -39.71 -14.89 0.87 0 1.14 -1.95 -2.68
WATANISTEEL 91.01 1.88 0 -7.84 34.69 0 0 0 0 0
KFOUC 87.01 418 -5 -40.61 17.12 0 12.07 0.21 3.52 0
MARBLEDESIGN 86.35 5.4 0 -10 38.14 0 0 0 0 0
TAKWEEN 80.9 4.03 1.51 -47.76 -1.33 0.53 0 1.15 -6.33 -17.39
SVCP 70.2 18.08 2.96 -36.61 -7.33 0.81 0 0.79 7.18 8.58
LIMEINDUSTRIES 67.72 11 0 -9.84 21.11 0 0 0 0 0
ALKATHIRI 66.26 1.08 -1.82 -49.07 -4.99 0 0 0.01 0 0
APICO 65.56 32.8 0 27.45 8.67 0 0 0 0 0
ALRASHIDINDUSTRIAL 64.68 30.36 0.06 -13.32 8.35 0 0 0 0 0
HKC 61.36 30.7 0 -17.16 8.46 0 0 0 0 0
BENA 54.37 34 0 -4.17 24.92 0 0 0 0 0
PAPERHOME 53.57 33.5 0 -6.94 9.17 0 0 0 0 0
ASG 49.68 26.54 0.37 12.51 0 0 0 0 0 0
ALNAQOOL 37.7 48.5 -0.58 101.24 0 0 0 0 0 0
OCCI 37.64 4.55 1.11 0.46 19.71 2.36 0 -0.02 17.28 0
OCHL 31.51 0.17 0 -29.17 154.55 0.42 0 0.07 1.88 0
NAASPETROL 23.92 29.92 0 -28.76 44.02 0 0 0 0 0
TAQAT 23.06 7.81 10 -47.79 -7.78 0 0 0 0 0
OPCI 19.34 0.23 0 43.75 12.5 0.95 0 0 10.32 0
AQASEEM 18.92 2.71 -4.58 -52.67 -13.65 0 0 0 0 0
ALBATTALFACTORY 17.3 19 -2.37 -15.39 -2.29 0 0 0 0 0
OASIS 15.47 2.6 0.77 0.86 13.94 0.22 0 0.5 11.27 25.49
NEFTALSHARQ 14.06 2.11 0 -42.97 -13.83 0 0 0 0 0
MGMC 10.89 0.13 -7.15 27.27 2.5 0.59 0 0.1 4.99 0
MEYAR 7.53 21.3 0 -54.68 -7.77 0 0 0 0 0
MOLAN 5.32 0.75 0 -63.41 -0.66 0 0 0 0 0
GICI 3.81 0.07 0 0 19.44 0.51 0 0.66 9.2 0
NAPI 2.22 0.1 0 11.11 -4.31 1.37 0 0.36 -2.04 0
ABMI 0.13 0.05 0 0 -0.2 -0.03 0 0 -19.11 0
MGCI 0 0 0 0 0 0.06 0 0.04 -15.04 0