Established in 1981 and based in the Rusayl industrial estate, National Biscuit Industries Company (Nabil) is engaged in the manufacture and marketing of biscuits and snacks. It has a major share of the local market and also exports to markets including the GCC states, Europe and North America.

Nabil has had to expand greatly in the past two years to cope with increased demand. In 1996, it expanded its snack production line and in 1997 doubled its biscuit production line to 8,000 tonnes a year.

It was expanding its biscuit capacity again in 1998.Strong sales growth and increased operational efficiencies combined to boost net earnings in 1997 by 150 per cent, enabling the company to pay out a 35 per cent cash dividend.

In 1998, Nabil posted a 14 per cent increase in net profits to RO 631,835 ($1.6 million) on the back of a 21 per cent increase in sales to RO 4.9 million ($12.7 million), much of which was due to export growth of 41 per cent to RO 2.

4 million ($6.2 million). The company attributed the strong performance to improvements in the quality of its products and in the sales and distribution operations which reduced production costs. The directors declared a 50 per cent cash dividend for 1998, one of the highest distributed by an MSM company.

Individuals	N/A
Institutions	21%
Floating	N/A
Government	N/A

	2004	2003	2002
Total Assets	5,544	5,237	5,865
Shareholder's Equity	1,164	1,024	1,084
NIAT	140	-60	-394
Dividends	N/A	N/A	N/A

	2004	2003	2002
Assets Growth	5.87%	-10.71%	-13.33%
Earning Growth	0.00%	0.00%	0.00%
ROaA	2.59%	-1.08%	-6.23%
ROaE	12.77%	-5.70%	-30.72%
No. Of Shares	1,000,000	1,000,000	1,000,000
EPS	0.14	-0.06	-0.39
EPS Growth	0.00%	0.00%	0.00%
Payout Ratio	N/A	N/A	N/A

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

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