Muscat: The Annual General Meeting of Al Omaniya Financial Services (AOFS) was held on March 19, 2019 and the meeting was presided by the Chairman Khalid Said Al Wahaibi.
Al Wahaibi said that the shareholders have approved the audited financial statements of the company and also a dividend of 16.28 per cent for the financial year 2018.
The board of directors appreciated the measures taken by the Central Bank of Oman (CBO) and the Capital Market Authority (CMA) with a view to strengthening the financial sector in the Sultanate.
The company’s loan book stands at OMR196 million at the year end of 2018. The total revenues of the company stood at OMR18.30 million. The pre-tax profit stands at OMR4.7 million and the net profit is OMR4 million. The earnings per share (EPS) is OMR0.014, and for all the regulatory purposes net worth of the company stands at OMR69.70 million. The book value of the share is OMR0.229.
