Question
I want to have a business brief about the company (Oman Flour Mills (OFM) analysis, including: 1. Industry Analysis: Below website gives some data about
I want to have a business brief about the company (Oman Flour Mills (OFM) analysis, including:
1. Industry Analysis: Below website gives some data about the company
https://www.barrons.com/market-data/stocks/ofmi?countrycode=om
2. Liquidity
3. Activity
Introduction about the company:
Oman Flour Mills (OFM.) manufactures and sells animal feeds and bread. Among its goods are Dhabi flour, Barakat animal feed, and Alpha Horse feed. The firm was established on March 1, 1976, and is based in Muscat (OFM, 2022). It is one of the leading food firms in the Sultanate of Oman. It is contemplating various new investments to promote its integration throughout the food value chain and diversification into new sectors of the agri-food industry. The publicly listed OFM, which is a subsidiary of Oman Food Investment Holding Company (OFIC), is examining several projects for its already broad group. The company is considering brownfield investments in the honey bottling and upscale pastry industries, and investments in the organic foods market are also anticipated.
#+ + OFM All values OMR Thousands. Years 2021 2020 2019 2018 2017 Sale: Revenue 97,337.0094,051.0086,287.00 119,456.00 86,045.091 Sales Growth 3.49% 8.25% -27.2696 38 83% Cost of Goods Sold (COGS) incl. DEA 81,403.00 75,344.0071,288.0090,249.00 60,730.00 COGS excluding DZA 78, 174.00 72, 125.0068,246.00 87,242.00 57,934.00 Depreciation & Amortization Expense 3,229.00 3,219.00 3,042.00 3,607.00 2,796.00 Depreciation 3,218.00 3,210.00 3,038.00 3,607.00 2,796.00 Amortization of Intangibles 11 9 14 COGS Growth 8.04% 5.69% -21.536 49.59% Gross Income 15,934.00 18, 707.0015,599.00 28,607.00 25,315.00 Gross Income Growth -14.82% 19.92% -45.476 13.00% Gross Profit Margin 16.37% 19.29% 17.95% 23.9% SG&A Expense 9,205.00 8,861.00 7,710.00 10,106.00 9,028.00 Other SG&A 9,205.00 8,861.00 7,710.00 10,106.00 9,028.00 SGA Growth 3.88% 14.93% -23.71% 11.94% Other Operating Expense 49 EBIT 6,729.00 9,846.00 7,938.00 16,287.00 Unusual Expense -273 190 -2 162 98 Non-Operating Income Expenses 483 2,304.00 343 271 308 Non-Operating Interest Income 279 255 332 767 363 Interest Expense 8 89 634 1,016.00 541 341 Interest Expense Growth 40.22% -37.609% 27.20% 58.65% Cross Interest Expense 634 1,016.00 541 341 Pretax Income 6,875.00 11,581.007,599.00 18,836.00 16,519.00 Pretax Income Growth -40.6496 52.40% -59_6696 14.03% Pretax Margin 7.06%Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started