Sohar International

Investor Relations

Investor Relations Message

Welcome to Sohar International Investor Relations website.
At Sohar International, we are committed to driving sustainable growth and creating lasting value for our shareholders. With a clear vision, innovative solutions, and disciplined execution, we are positioned to seize opportunities in a rapidly evolving market. Our strong financial foundation, strategic initiatives, and dedication to transparency ensure that we remain a trusted partner to our investors and stakeholders.
Thank you for your continued support as we work together to achieve long-term success.

Investor Relations Calendar

This section details Investor events and presentation summaries that have been held since 2023 and upcoming events.

      DateEventEvent TypeStatusAvailable Material
      15 Jan 26Initial Unaudited Preliminary Financials for the Year ended on 31 Dec 2025ResultsUpcomingN/A

      DateEventEvent TypeStatusAvailable Material
      15 Oct 25Initial Unaudited Preliminary Financials for the Period ended on 30 Sep 2025ResultsUpcomingN/A
      Aug 25
      (TBC)      		MSX Discussion session – H1 2025Investor event UpcomingN/A
      15 Jul 25Initial Unaudited Preliminary Financials for the Period ended on 30 Jun 2025ResultsUpcomingN/A
      18 Jun 25Sohar International Presentation GCC Exchange London Conference 2025ConferenceConcludedN/A
      15 Apr 25Initial Unaudited Preliminary Financials for the Period ended on 31 Mar 2025ResultsConcluded
      14 Apr 25MSX Discussion session – Annual 2024Investor event ConcludedWebcast
      26 Mar 25Annual General MeetingInvestor event Concluded
      28 Jan 25BoD's approval of Financial Statements and Proposal for Cash Dividends ResultsConcluded
      15 Jan 25Initial Unaudited Preliminary Financials for the Year ended on 31 Dec 2024 ResultsConcluded

      Notes:

      • For historical IR events prior to 2023, please refer to the MSX website: Muscat Stock Exchange (msx.om)
      • The events listed in this calendar are not exhaustive and are subject to change.

      Apr’25: MSX Discussion Session – 2024

      Sohar International at a Glance

      Latest Financials Results (Unaudited)

      March 2025 - In RO

      21.5

      mn

      Net Profit

      7,324

      mn

      Total Assets

      4,502

      mn

      Net Loans & Advances

      5,597

      mn

      Customer Deposits

      9.7%

      Return on Equity Ratio

      80.4%

      Loan to Deposit Ratio

      44.7%

      Cost-to-Income Ratio

      1,546

      Employees

      74

      Branches

      53 - Commercial Banking
      20 - Islamic Banking
      1 - KSA Branch

      Historical Financial Result

      In RO ‘0002024202320222021202020192018
      Operating Income244,946163,407132,846110,66491,985104,65994,438
      Operating Expenses(98,409)(76,928)(55,171)(50,261)(45,155)(45,286)(39,885)
      Net Operating Income before Impairment Provisions146,53786,47977,67560,40346,83059,37354,553
      Gain on bargain purchase9,23491,75100000
      Loan impairment charges and other credit risk provisions (net)(37,860)(105,069)(39,659)(27,090)(23,134)(18,845)(20,123)
      Profit Before Tax117,91173,16138,01633,31323,69640,52834,430
      Tax(17,730)(2,826)(3,138)(4,975)(3,683)(6,122)(5,064)
      Net Profit100,18170,33534,87828,33820,01334,40629,366

      As at 31 Dec
      In RO ‘000      		2024202320222021202020192018
      Total Assets7,360,7516,688,7204,131,0014,133,1813,610,9873,505,1053,046,403
      Loans, advances and Islamic financings (net)4,269,8083,921,1922,924,2942,612,2082,503,4972,454,1532,251,930
      Customer deposits5,777,0405,103,0452,560,0982,394,4652,231,5652,097,3101,818,353
      Total Equity898,306802,074665,498596,578531,702536,109385,424
      Share capital702,508561,572455,355295,355245,355236,360198,265

      Earnings & Profitability2024202320222021202020192018
      Return on Assets1.43%1.3%0.8%0.7%0.6%1.1%1.0%
      Return on Equity12.52%11.1%8.3%8.2%6.0%11.6%10.1%
      Return on Risk Weighted Assets2.22%1.9%1.3%1.1%0.8%1.4%1.2%
      Cost to Income Ratio40.18%47.1%41.5%45.4%49.1%43.3%42.2%
      Capital & Leverage2024202320222021202020192018
      Common Equity Tier 1 Ratio16.41%14.3%17.3%12.0%11.0%10.8%9.6%
      Tier 1 capital ratio16.41%16.6%20.5%18.3%17.8%17.4%13.2%
      Total Capital Adequacy Ratio17.32%17.9%21.0%19.1%19.1%18.9%15.0%
      Leverage Ratio11.10%10.3%15.2%13.7%14.3%14.5%11.8%
      Credit Quality2024202320222021202020192018
      Non Performing Loans4.74%4.8%5.2%5.4%6.0%4.8%3.3%
      NPL Coverage158.34%143.2%89.2%92.7%81.9%93.0%115.3%
      Cost of Risk0.92%2.7%1.4%1.0%0.9%0.8%0.9%
      Funding & Liquidity2024202320222021202020192018
      CASA / Customer Deposits %68.28%70.0%63.8%57.5%49.7%55.1%44.2%
      Net Loans to Deposits %73.91%76.8%114.2%109.1%112.2%117.0%123.8%
      Net Stable Funding Ratio132.01%137.3%112.0%113.2%113.2%107.4%106.2%
      Liquidity Coverage Ratio177.17%204.9%154.3%271.6%134.0%147.2%215.4%

       2024202320222021202020192018
      Branches74853938383837
      Employees1,5481,548884888873871804
      ATM (Sohar International)1141557074676836
      ATM ( Sohar Islamic)20131514121211

      Credit Ratings

      Rating AgencySohar InternationalOman Sovereign
      Fitch RatingsBB
      Positive
      Dec 2024      		BB+
      Positive
      Dec 2024
      Moody'sBa1
      Positive
      Sep 2024      		Ba1
      Positive
      Aug 2024
      S&P-BBB-
      Stable
      Mar 2025
      Latest Financial Statements

      Q1 2025 Financial Statement

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      Sohar International
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      Sohar International
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      Annual Report

      2024 Annual Report

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