Company Muscat Gases Company SAOG

Equities

MGMC

OM0000001178

Commodity Chemicals

End-of-day quote Muscat Exchange 23:00:00 05/06/2024 BST 5-day change 1st Jan Change
0.132 OMR 0.00% Intraday chart for Muscat Gases Company SAOG 0.00% +38.95%

Business Summary

Muscat Gases Company SAOG is an Oman-based company that is engaged in marketing and selling of cooking gases. The Company operates only in one business segment, namely, sale of cooking gases and related installation and maintenance services. The company's products include liquefied petroleum gas (LPG) tanks, new cylinders, accessories, regulators and parts. The Company has expanded its scale of operations with capacity expansion at LPG bottling plants, bulk LPG and industrial gases manufacturing and trading. The production plants are located in Rusayl, Wadi Kabir, Sur, Izki, and Musannah. The Company’s subsidiaries include Al Aman Industrial and House Gas SPC, Muscat Power Pioneer LLC, and United Marketing Solutions LLC.

Sales per Business

OMR in Million2022Weight2023Weight Delta
LPG - Bulk
59.5 %
13 67.2 % 11 59.5 % -14.72%
LPG - Refilling
35.2 %
6 29.7 % 7 35.2 % +14.19%
Supply, Installation and Maintenance Services
5.7 %
1 2.5 % 1 5.7 % +116.51%
Sales Discount
-2.1 %
0 -0.8 % 0 -2.1 % +162.96%
New cylinders
1.2 %
0 0.7 % 0 1.2 % +57.16%
Propane - Bulk
0.4 %
- - 0 0.4 % -
Vending Machine, Tanks and Spare Parts
0.1 %
0 0.5 % 0 0.1 % -71.75%
Deodorized LPG (MGAP)
0.1 %
0 0.1 % 0 0.1 % -54.86%

Sales per region

OMR in Million2022Weight2023Weight Delta
United Arab Emirates
54.7 %
13 64.7 % 11 54.7 % -18.43%
Oman
43.9 %
7 35.3 % 8 43.9 % +19.85%
Yemen
0.9 %
-- 0 0.9 % -
Turkey
0.4 %
-- 0 0.4 % -

Managers

Managers TitleAgeSince
Chief Executive Officer - 21/07/18
Chief Tech/Sci/R&D Officer - -
Chief Administrative Officer - -
Chief Operating Officer - -
Investor Relations Contact - -
Comptroller/Controller/Auditor - -
Corporate Secretary - -
Sales & Marketing - -
Human Resources Officer - -

Members of the board

Members of the board TitleAgeSince
Chairman 68 10/07/12
Director/Board Member - 26/04/13
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 30,000,000 8,115,408 ( 27.05 %) 0 27.05 %

Company contact information

Muscat Gases Co. SAOG

Al Azaiba North Road No. 48

124, Muscat

+968 2252 6900

http://www.muscatgas.com
address Muscat Gases Company SAOG(MGMC)
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