A'Sharqiya Investment Holding Co. (SAOG) (SIHC) Earnings Call Transcript & Summary

December 5, 2024

Muscat Securities Market OM Financials Financial Services earnings 10 min

Earnings Call Speaker Segments

Venkiteswaran Rajesh

executive
#1

Hello. Good morning. So if there's any questions, we can start the meeting right now. Mr. Sam Jones, Samptoor Madhavi and Erlinda Tanuan, good morning to you. If there's any questions, we can start the meeting. Good morning. This is the third quarterly analyst meet as designed by the stock market here. And we are open to questions at this point in time. Please, just go ahead and ask for any queries or questions you have on the financial statements of the company. If there is anybody in the waiting room, Srini, please, let them come in. There are people waiting in the waiting room, and you'll have to accept that. Good morning, one more time, and this is an analyst meet for A'Sharqiya Investments Third Quarter numbers. The usual procedure is that if you have any questions or any particular area that we wish to -- that you wish me to cover, please go ahead and specify that, and we can kick start this meeting. So if there's anything that you wish me to talk about, please do let me know. Welcome to the meeting, Mr. David, Erlinda, Sam Jones and Samptoor Madhavi. Questions, please.

Srinivaas Rajagopal

executive
#2

[Foreign Language] Since there is no questions or at least there is no response from many of the people in the room, I would like to quickly do a wrap up on this financial statement. We have the 30th September financial statements, which have been posted on the website and on the official stock market website. And to very quickly wrap up on the basic financials. We have a net asset value at this point in time as of September 2024 at the group level at around OMR 1.60. We have an EPS of -- in the parent company up to the year ending for the 3-month period of September ending at the improved level of OMR 0.04 at the group level and at the parent level, we are at OMR 0.03. And we are well on our way in terms of being proactive in our investments, proactive in our approach to looking at the opportunity that exists in the region as well as in the rest of the world. We continue to focus on our core assets. And at this point in time, the opportunities both here in Oman as well as in the region seems very promising, given the current situation of both the energy prices as well as the stability in terms of currency and political situation. So we remain positive. We continue to work on a lot of areas that will provide shareholders with going forward. And specifically, our core areas being equity, bonds and real estate parcel. And that's been our core area through the years in the last couple of years, and I think that would continue to be our focus area going forward. And that's a quick summary. I have not heard any questions. So at this point in time, I will stop here and wait for any questions or clarification that you may wish to seek at this point in time. I assume you are analysts representing organizations that are looking at A'Sharqiya from a point of view -- from analysis point of view. The financial statements are, of course, public information, so you can always download it from our website or reach out to the stock market who can provide you the same in the format that you wish to analyze us. Well, there seems to be no questions at this point in time. We are 15 minutes into this meeting, and there is no questions, we can wrap up this meeting. And you can always reach out to me or my colleague, for any specific area of interest or clarification that you wish to seek in future too. So with that, I would like to close this meeting assuming there are no more queries or questions or clarification that you may require at this point in time. Thank you for signing in and joining this meeting. And I will let the host close this meeting on that note. Thank you, and you have a good day.

Venkiteswaran Rajesh

executive
#3

Thank you.

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