Register | Forgot password?
Switch to Arabic
Monday, November 30 - 2009

Al-Ahlia Detergent

Name Al-Ahlia Detergent
Sector Manufacturing - Chemicals and allied products
Trading MSM
RIC Code AADC.OM
Location OMAN

Profile and Background

Al-Ahlia Detergent Company began trial production in December 1995 and commercial production started in January 1996. Its Sohar plant has a capacity of 20,000 tonnes a year of detergents. Its products include washing up liquid, soaps and cleaning agents.

In 1996, it recorded sales of RO 1.9 million ($4.9 million) but costs associated with breaking into the market resulted in a net loss of nearly RO 400,000 ($1 million). In 1997, turnover increased by 47 per cent, but the company was still unable to break even.

Turnover grew the following year by a further 32 per cent and net losses were reduced substantially despite higher sales and distribution expenses and increased borrowing costs. Figures for 1999 show that the company finally broke into surplus, reporting a net profit of more than RO 100,000 ($263,000).

This allowed the company to reduce the carried over deficit on the profit and loss statement. The share price fell in 1999, but recovered in the first part of 2000.

Shareholding Groups

Individuals N/A
Institutions N/A
Floating N/A
Government N/A

Stock Performance

Al-Ahlia Detergent Stock Performance

Market Information

Stock Oman Index
Last Closing RO 1.18 1899.9
YTD % 43.9% 35.4%
Weekly % 0% -0.08%
Year High RO 1.23 1926.21
Year Low RO 0.82 1398.3
52 Week High RO 1.23 1926.21
52 Week Low RO 0.69 1282.11
BETA 0.2316
Outstanding Shares 900,000
Market Cap RO 1,062,000
Market Cap in $ USD $2,758,442
% of Oman Market 0.03%
% of Sector 0.15%
Rank by Cap 95

Key Figures in '000 RO

2003 2002 2001
Total Assets 4,732 4,956 5,079
Shareholder's Equity 783 677 475
NIAT 107 202 101
Dividends N/A N/A N/A

Financial Ratios

2003 2002 2001
Assets Growth -4.51% -2.43% N/A
Earning Growth -47.07% 99.47% 0.00%
ROaA 2.21% 4.02% 3.99%
ROaE 14.64% 35.07% 42.65%
No. Of Shares 900,000 900,000 900,000
EPS 0.12 0.22 0.11
EPS Growth -47.07% 99.47% 0.00%
Payout Ratio N/A N/A N/A

Valuation Ratios

Trailing
PE 9.94
PB 1.36
DVPS N/A
Div Yield N/A
EV 1,035.00
EV/Equity 1.32
Powered by SHUAA Capital

The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.

The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AMEinfo.com as to the accuracy or completeness of the information contained herein.

All opinions expressed herein are subject to change without notice.

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.

© SHUAA Capital PSC. All rights reserved.