Muscat Gases Company (S.A.O.G) Performs Flat According to BAC Report17 Nov 2011 • by Natalie Aster
LONDON – Muscat Gases shows stable performance in the last periods. In Q3 2011 revenue and net income amounted to OMR 1.88 M and OMR 0.35 M respectively. To the comparison, in Q2 2011 these numbers equaled OMR 1.89 M and OMR 0.36 M, and in Q3 2010 they were OMR 1.89 M and OMR 0.43 M respectively. Therefore major trends for Muscat don’t reflect any significant fluctuations, and the company is to develop a new business strategy that will help it to expand and prosper.
Annual results reflect stable growth thought. Revenue and net income both increased by 17.4% and reached OMR 7.41 M and OMR 1.62 M respectively. Annual trends are upward, with no breaking points in the last four years.
Founded in 1983 and headquartered in Muscat (Sultanate of Oman), Muscat Gases Company (S.A.O.G) engages in provision of gases to households and industrials. Main business areas re: LPG & Propane bottling, Industrial and Medical Gases (Liquid Nitrogen, Liquid Oxygen, Gaseous Nitrogen, Gaseous Oxygen, Dissolved Acetylene, Carbon Dioxide de-odorized LPG for use as aerosol propellant), Specialty gases, Chemicals, Argon, Gas Mixtures & Refrigerants, Nitrogen Purging Services, Helium Leak testing and Cylinder Requalification, Equipment sale & installation, Trading in Industrial gases (Compressed air, Hydrogen, Helium, Nitrous oxide, Ethylene oxide, Ammonia, Calibration gases & Special gas mixtures). In 1989 Muscat Gases Company entered the stock exchange under the ticker MGMC:MUS.
Full overview of the company’s activities, financials, performance and prospects can be found in the report “Muscat Gases Company (S.A.O.G) Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Muscat Gases Company (S.A.O.G) Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Nov, 2011
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