Oman Oil Marketing Company (omanoil) celebrated successful first quarter 2011 results which followed hard on the heels of a historic financial performance in 2010, recording OMR 6.9 million in net profit after tax. The first quarter 2011 revenue increased by 40% compare to Q1 2010 and net profit after tax by 18%. The company also increased its retail footprint by more than 20% to reach 122 filling stations and 71 ahlain and convenience stores while maintaining the highest Omanization rates in the industry at 87%.
Recently, Chairman Sheikh Salim bin Abdullah Al Rawas along with CEO Eng. Omar bin Ahmed Qatan hosted a commemorative ceremony during the company’s quarterly “Al Multaqa” staff engagement forum to personally congratulate each and every member of the omanoil family.
“omanoil has attracted and retained insurmountable talent who represent the driving force of this organization,” said Eng. Qatan. “These achievements would not be possible without the relentless efforts of our 175 responsible ambassadors who continuously strive to infuse added-value, care and empathy. They are ultimately our most valuable asset and we are united by the passion for success and love for this glorious country.”
From the onset, omanoil has adopted transparent, trusting procedures that take advantage of the multiple talents and viewpoints which exist in the organization. Throughout all areas of operation, the company fosters a sense of ownership and pioneering spirit in addition to a culture of sincere appreciation and recognition.
Progressive, dynamic and innovative, omanoil harnesses the spirit of the Sultanate and is a fabric of Oman’s economic and social advancement. The aim is to build Oman Oil Marketing Company into an internationally recognized global enterprise dedicated to the sales and marketing of energy and energy-related products and services complemented with unparalleled customer care and quality.