Oman Oil Marketing Company SAOG reported unaudited earnings results for the year ended December 31, 2012. For the period, the company reported net income after tax of OMR 9.02 million or 140 baisas per share on revenues of OMR 278.5 million compared to net income after tax of OMR 8.1 million or 126 baisas per share on revenues of OMR 278.2 million a year ago.

The directors of the company also recommended a final dividend of approximately 70 baisas per share that represents a payout of 70% on the nominal value of OMR 0.100 per share for the year 2012, compared to 62 baisas per share that represents a payout of 62% on the nominal value of OMR 0.100 per share for the year 2011. The payment is subject to shareholders approval at the Annual General Meeting to be held on March 27, 2013. It is expected that the final dividend, as approved at the Annual General Meeting, shall be paid to shareholders in mid April 2013.