| Market: Oman | Symbol: OTEL | ISIN: OM0000003026 | Industry: Telecommunications |
Omantel is the pioneer of total communications solutions in the Sultanate of Oman. We have the widest choice of state of the art services with the broadest network coverage. We listen to understand your needs and value feedback. We strive to deliver on our promises.
Omantel has offered the full spectrum of telecommunications solutions to the people and businesses of Oman since the dawn of the Renaissance in 1970. Over the years, as the pioneering telecommunications supplier, we have striven to connect even the most remote communities to each other and to the rest of the world. As a pillar of the Omani economy, Omantel has been a leading player in Oman’s progress and national development.
The Omantel logo, embodies the Omani heritage, in the form of the Khanjar. Our color palette, blue and orange, signals our dedication to professionalism and progression as well as a vibrant spirit. The Omantel name, combined both in Arabic and English, is cradled and encapsulated in our new brand symbol reflecting a caring mindset.
Our tagline reflects also our philosophy of togetherness as this is at the heart of everything we do – as we lead the way in bringing individuals, families, businesses and regions ever closer together using leading edge technology for communications.
Key Annual Figures
|
2021 |
2022 |
2023 |
|---|---|---|---|
| Consolidated Income Statements (RO Mn) | |||
| Revenue | 2,408.3 | 2,682.8 | 2,942.7 |
| Operating expenses | 2,030.6 | 2,235.5 | 2,468.8 |
| Operating profit | 377.6 | 447.3 | 473.9 |
| Profit before taxation | 250.9 | 271.6 | 350.2 |
| Net profit attributable to Company's shareholders | 67.1 | 91.3 | 74.8 |
| Consolidated Balance Sheet (RO Mn) | |||
| Total assets | 7,567.5 | 7,835.4 | 7,755.8 |
| Total liabilities | 4,800.4 | 4,948.5 | 4,848.7 |
| Total equity | 2,767.1 | 2,886.9 | 2,907.1 |
| Consolidated Cash Flow (RO Mn) | |||
| Net cash from operating activities | 711.8 | 751.4 | 870.8 |
| Net cash used in investing activities | (477.3) | (259.0) | (126.9) |
| Net cash used in financing activities | (345.3) | (451.5) | (704.5) |
| Cash and cash equivalents at the end of the year | 410.8 | 478.6 | 462.3 |
| Key Indicators | |||
| Basic earnings per share (RO) | 0.089 | 0.121 | 0.100 |
| Net assets per share (RO) | 0.772 | 0.847 | 0.747 |
| Dividend yield (%) ⁽¹⁾ | 7.31 | 5.98 | 0.47 |
| Debt/Total assets (%) | 63.4 | 63.2 | 62.5 |
| Current ratio | 0.61 | 0.81 | 0.76 |
Note:
(1) Based on year-end price and dividends adjusted to corporate actions.
