Established in 1987, the company is engaged in a range of fishing-related activities. The Agriculture & Fisheries Ministry owns about 25 per cent of its shares. Sales, profits and dividends have been remarkably stable in the 1990s.

In 1997/98, turnover grew by 14 per cent, helping to boost net profits by 33 per cent to RO 2.96 million ($7.7 million). The company attributed the growth to an aggressive buying policy which boosted the volume of fish purchased from local fishermen.

In 1998/99, the company says its strategy was to increase its catch by buying and operating two or three trawlers to add to its fleet of hired foreign boats. It is also studying the feasibility of entering into aquaculture following the successful completion of a pilot cage-based fish farming project carried out with the Agriculture & Fisheries Ministry.

The company's financial year ends on 31 March, and the figures for 1998/99 had not been published at the time of going to press. However, figures for the first nine months of the year showed net profits of RO 261,247 ($678,564) against RO 4.

9 million ($12.7 million) in the same period of 1997/98. Sales income was RO 2.8 million ($7.3 million) against RO 4.4 million ($11.4 million) in 1997/98. Total assets on 31 December 1998 stood at RO 17.

9 million ($46.5 million) and shareholders' equity was RO 15.8 million ($41 million).

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

	2005	2004	2002
Total Assets	18,331	17,466	17,307
Shareholder's Equity	17,216	15,544	15,862
NIAT	1,671	1,049	592
Dividends	N/A	N/A	N/A

	2005	2004	2002
Assets Growth	4.95%	0.92%	0.26%
Earning Growth	59.36%	77.28%	457.90%
ROaA	9.34%	6.03%	3.42%
ROaE	10.20%	13.49%	3.80%
No. Of Shares	12,500,000	12,500,000	12,500,000
EPS	0.13	0.08	0.05
EPS Growth	59.36%	77.28%	457.90%
Payout Ratio	N/A	N/A	N/A

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

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