Established in 1987, Dhofar International Development & Investment Holding Company (DIDIHC) has become one of the most active and successful investment companies in Oman. Restructured into a holding company in 1996, it has a long list of investments including: a 64 per cent stake in the Muscat-based brokerage firm Financial Services Company; a substantial stake in BP Oman, which was formed in 1998 through the merger of British Petroleum Middle East's Oman office and BP Dhofar; 35 per cent of Dhofar Insurance Company; 35 per cent of Dhofar Tourism Company; and 15 per cent of Salalah Port Services Company, which is developing the transhipment port at Raysut.

In June 1997, it reduced its stake in the closed joint stock Bank Dhofar al-Omani al-Fransi to 30.6 per cent from 51 per cent as the bank went public. DIDIHC has been given government approval to take a 1 per cent stake in the billion dollar petrochemicals complex to be developed in Sohar by the government and BP.

DIDIHC also expects to participate in private sector power projects in Salalah and Barka.Current projects in which DIDIHC is involved include the establishment of a higher education college in Salalah and, also in the southern town, the development of a 40,000-square-metre commercial complex comprising a four-star hotel, shopping mall and exhibition centre.

Profits have grown rapidly in recent years, but in 1998 slipped to RO 5.4 million ($14 million) from RO 6.3 million ($16.2 million) in 1997. Revenues declined sharply, but the share of profits from associated companies rose more than three-fold to RO 1 million ($2.

6 million). There was a further sharp drop in profits in 1999 due to the recession in the Omani economy which hit local quoted firms.Dhofar Cattle Feed Company owns about 20 per cent of DIDIHC's shares.

Individuals	N/A
Institutions	20%
Floating	N/A
Government	N/A

	2004	2003	2002
Total Assets	59,660	52,824	44,544
Shareholder's Equity	39,178	34,752	28,273
NIAT	6,092	6,781	4,263
Dividends	3,300	2,970	2,475

	2004	2003	2002
Assets Growth	12.94%	18.59%	14.38%
Earning Growth	-10.16%	59.07%	25.79%
ROaA	10.83%	13.93%	10.21%
ROaE	16.48%	21.52%	15.20%
No. Of Shares	16,500,000	16,500,000	16,500,000
EPS	0.37	0.41	0.26
EPS Growth	-10.16%	59.07%	25.79%
Payout Ratio	54.169	43.799	58.058

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

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