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Shell Oman Marketing 2012 Revenue up 12.8% to US$1.047 Billion  Join our daily free Newsletter

MENAFN - Qatar News Agency - 27/01/2013

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(MENAFN - Qatar News Agency) Shell Oman Marketing Company (SOMC) has reported US 1.047 Billion (Omani Riyals 403.4 Million) revenue for the period ended December 31, 2012 representing a 12.8% growth over the corresponding figure of RQ 357.6 Million in 2011, according to a Muscat Securities Market notification Sunday.

Following the Board of Directors' meeting held yesterday, SOMC Finance Director Scott McDonald said, "A first and final dividend of 105 baisa per share (Total: 27.272 Million, RO 10.5 Million) was proposed in respect of the 2012 profits, payable to shareholders April 2013 following approval by the AGM."

The company net income after tax for 2012, according to the audited financial report for 2012, is 31.948 Million (RO 12.3 Million) compared to 32.727 Million (RO 12.6 Million) in 2011.

 






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