ASharqiya Investment Holding SAOG Co operates in the Investors sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ASharqiya Investment Holding SAOG Co with three other
financial institutions in Middle East:
Oman and Emirates Investment Holding Company SAOG
(2020
sales of 1.04 million Omani Rial [US$2.69 million]
),
Bayan Investment Co KSCP
of KUWAIT
(891,508.00 Kuwaiti Dinars [US$2.96 million]
), and
Saudi Advanced Industries Company SJSC
which is
based in SAUDI ARABIA
(11.02 million Saudi Arabian Riyals [US$2.94 million]
of which 182%
was Financial Services).
Sales Analysis.
Sales levels dropped significantly in the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at ASharqiya Investment Holding SAOG Co totalled
435,705.00 Omani Rial.
This is a drop of 38.5%
from the 708,536.00 Omani Rial in sales at the company during the first quarter in 2020.
Sales at ASharqiya Investment Holding SAOG Co appear to have some seasonality: during each of the previous 7
years, sales have been highest during the first quarter, which has accounted for
between 44.7% and 72.2%
of the annual
sales.
ASharqiya Investment Holding SAOG Co reported sales of 1.15 million Omani Rial (US$2.99 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 14.4%
versus 2019, when the company's sales were 1.35 million Omani Rial.
Contributing to the drop in overall sales was the 45.9% decline
in Investment, from 856,663.00 Omani Rial to 463,625.00 Omani Rial.
.
However, these declines were partially offset by the increase in sales of
Leasing (up 43.1% to 701,390.00 Omani Rial)
.