Al-Hassan Engineering


NameAl-Hassan Engineering
SectorConstruction and Real Estate - Public contractors
TradingMSM
RIC CodeHEC.OM
LocationOMAN


Profile and Background

Al-Hassan Engineering Company was established in mid-1998 by the Al-Hassan Group, which is owned by the local Salman family and has interests in a range of industries including electrical equipment, building materials and textiles.

Some 40 per cent of the company's seed capital was offered to the public in July 1998. The group's chairman, Hassan Ali Salman, and managing director, Maqbool Ali Salman, each own a 20 per cent stake in the company.

Al-Hassan Electricals Company, the flagship of the group, owns the remaining 20 per cent. Of the company's RO 6.7 million ($17.4 million) seed capital, RO 5.1 million ($13.2 million) was used to purchase a 99 per cent stake in the existing Al-Hassan Trading & Contracting Company (ATC).

The rest has been used to upgrade the firm in anticipation of contracts connected with schemes in liquefied natural gas (LNG), aluminum, petrochemicals and fertilisers.ATC was established in 1981 and engages in civil, mechanical, electrical and instrumentation engineering plus telecommunications and design engineering.

In 1991, it obtained a major breakthrough with state oil firm Petroleum Development Oman (PDO) by becoming the first fully Omani-owned company to be awarded the four-year South Oman mechanical services contract.

The contract, worth RO 20 million ($52 million), was renewed in 1995. ATC has executed contracts for PDO worth more than RO 30 million ($78 million).

Shareholding Groups

Individuals 40%
Institutions 20%
FloatingN/A
GovernmentN/A

Stock Performance

Al-Hassan Engineering Stock Performance



Market Information

StockOman Index
Last ClosingRO 4.11832.4
YTD % -2.718% 0%
Weekly % 0% 6.57%
Year HighRO 4.411909.5
Year LowRO 3.511555
52 Week HighRO 4.412951.18
52 Week LowRO 1.421734.99
BETA0.7046
Outstanding Shares6,700,000
Market CapRO 27,470,000
Market Cap in $USD $71,350,649
% of Oman Market0.57%
% of Sector100.00%
Rank by Cap24

Key Figures in '000 RO

200420032002
Total Assets18,62215,39213,954
Shareholder's Equity5,0144,9024,174
NIAT334353-977
DividendsN/AN/AN/A

Financial Ratios

200420032002
Assets Growth20.99%10.30%3.95%
Earning Growth-5.32%0.00%0.00%
ROaA1.96%2.40%-7.14%
ROaE6.74%7.77%-20.96%
No. Of Shares6,700,0006,700,0006,700,000
EPS0.050.05-0.15
EPS Growth-5.32%0.00%0.00%
Payout RatioN/AN/AN/A

Valuation Ratios

Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity




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 AME Info 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.

MediaCentre »

Business Directory »

News and Articles »

Current Events »

Advertisement »