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Oman Investment & Finance Co. Saog (Oman)

Main Activities: Other Accounting Services | Collection Agencies
Full name: Oman Investment & Finance Co. Saog Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Oman Investment & Finance Co. SAOG (OIFC) is specialized in billing, collection and debt factoring for electricity, water and telecom services in the Sultanate of Oman over the last three decades. " OIFC factors bills and debts for the Public Authority of Electricity and Water, Oman Telecommunications Co. SAOC (Omantel), Oman Mobile Telecommunications Company LLC, Oman Wastewater Services Company SAOC (Haya) and provides meter reading, billing and collection services for Muscat Electricity Distribution Co. SAOC (MEDC) and Muscat Municipality." OIFC also operates as a master distributor for the sale of Hayyak pre-paid recharge cards and Starter Kits."

Headquarters
P.O.Box.No.2476
Ruwi; Musqat; Postal Code: 112

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Website: http://www.oifcoman.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Chief Executive Officer
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Managing Director
Ownership Details
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6.77%
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5.08%
Subsidiaries
The Financial Corporation Saog
22%
Sohar International Bank Saog
13.02%
Afaq Al Musana Trading Llc
Company Performance
Financial values in the chart are available after Oman Investment & Finance Co. Saog report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency OMR. Absolute financial data is included in the purchased report.
Net interest income
-34.93%
Operating profit (EBIT)
-560.41%
Net Profit (Loss) for the Period
39.83%
Total assets
0.44%
Total equity
4.69%
Total Assets Trend
-11.87%
Net Interest Income Trend
15.1%
Loans to Deposits Ratio
-791.42%
Loans to Asset Ratio
-0.53%

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