Dhofar Fisheries & Food Industries Company S.A.O.G (Muscat Securities Market: DFI)


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Business Description
Dhofar Fisheries & Food Industries Co SAOG, formerly Dhofar Fisheries Industries Co SAOG, a subsidiary of ANC Holdings, is an Oman-based company engaged in canning tuna and sardine with fishmeal produced from residues and lower grade fish purchased locally. Its main products are canned tuna and sardines, tuna loins, frozen tuna and sardines, fish meal and fish oil. The Company’s products are marketed under the brand names Blue Ocean and Taibat Oman tuna. New business activities will be introduced as of 2012 in red meat, poultry meat and other products, such as beef and chicken burgers, franks and other processed meat products. Dhofar Fisheries Industries Co SAOG's main shareholders are ANC Holding, having a 60% stake in the Company and Flag Holding LLC, that holds 39.13% stake in the Company.