Company Oman Cables Industry SAOG

Equities

OCAI

OM0000001707

Electrical Components & Equipment

End-of-day quote Muscat Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
2.35 OMR -2.08% Intraday chart for Oman Cables Industry SAOG -2.08% +4.44%

Business Summary

Oman Cables Industry SAOG (OCI) is an Oman-based shareholding company engaged in the manufacture and sale of electrical cables and conductors. The Company is a manufacturer and exporter of medium- and low-voltage (LV) electric cables, building wires, instrumentation cables, overhead transmission line conductors, and other special purpose cables and wiring solutions. The Company’s products include LV power and control cables, low smoke and fire retardant (LSF) LV power and control cables, LSF wiring cables, medium voltage cables and overhead line conductors, among others. OCI also manufactures custom designed cables to meet specific customer needs. The Company holds 51% shareholding in Oman Aluminium Processing Industries LLC, which manufactures Aluminium rods and overhead conductors. The Company’s products are sold in Middle East and North Africa (MENA) and international markets.

Number of employees: 630

Sales per Business

OMR in Million2022Weight2023Weight Delta
Electrical Cables and Conductors
100.0 %
259 100.0 % 248 100.0 % -4.03%

Sales per region

OMR in Million2022Weight2023Weight Delta
Oman
38.4 %
116 44.9 % 95 38.4 % -18.02%
Middle East North Africa
36.6 %
74 28.7 % 91 36.6 % +22.20%
Others
25.1 %
68 26.4 % 62 25.1 % -8.80%

Managers

Managers TitleAgeSince
Chief Executive Officer - Feb. 22
Director/Board Member - -
Investor Relations Contact - 09-12-31
Comptroller/Controller/Auditor - -
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 89,700,000 22,539,020 ( 25.13 %) 0 25.13 %

Shareholders

NameEquities%Valuation
45,899,610 51.17 % 274 M ﷼
15,419,951 17.19 % 92 M ﷼
Gulf Baader Capital Markets SAOC (Investment Management)
6.512 %
5,841,419 6.512 % 35 M ﷼
Bank Muscat SAOG (Investment Management)
0.2313 %
207,466 0.2313 % 1 M ﷼
Pension Reserves Investment Management Board
0.0189 %
16,918 0.0189 % 101 069 ﷼

Company contact information

Oman Cables Industry SAOG

P. O. Box 25

124, Rusayl

+968 2444 3100

http://www.omancables.com
address Oman Cables Industry SAOG(OCAI)

Group companies

NameCategory and Sector
Aluminum

Sales per region

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
2.4 OMR
Average target price
2.195 OMR
Spread / Average Target
-8.54%
Consensus

Quarterly revenue - Rate of surprise

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