24 March 2015
A'Saffa Foods, S.A.O.G., held their annual general meeting (AGM) on March 23, 2014 for the year 2014, the results showcased the company's ability to maintain an impressive growth performance.

Impressive growth
A'Saffa Foods, S.A.O.G., one of the nation's fastest growing and most successful Omani food producers, has announced a growth in sales for 2014. Acknowledging the contribution of the company's staff who worked hard to achieve goals that were set to maximise shareholder returns in 2014, the results were announced by the company's Chairman, Saleh Al Shanfari.

The chairman dedicated the growth results towards the hardwork and dedication of the organisation's employees across the company's ever-expanding business units. The total net sales for 2014 reached more than RO 30 million. The total net sales for 2013 was more than RO 28 million, showing an increase in company's sales revenue, hence depicting a growth of over 6.72%.

Speaking at the company's annual general meeting (AGM), CEO, Dr. Nasser Al Mauli said, "The management continues to focus on dynamic markets and is committed to improve previous performance records. The focus on operational excellence is the key factor to future success of the company, creation of long term value to all the stake holders while ensuring sustainability in its operations."

The Chairman emphasised that the year 2014 witnessed considerable growth and was able to achieve strong financial results with significant increases in net profits, gross profits and net sales. He elaborated, "With the company's range of processed food products that include poultry, red meat, fish products and frozen vegetables, Fruits pulp under the A'Saffa, Khayrat and Taybat brands; the sustainable growth and brand variation in our products has helped us achieve maximum growth. We look forward to spearheading our operation in the same manner for the coming year too. With our state-of-the-art highly automated plant at A'Saffa Food Processing, LLC., located in Rusayl in Muscat, we ensure all value-added processed value products are delivered to our consumers fresh, pure, healthy and tasty."

 "The year 2014 has therefore been another milestone year for our Company with strong performance across all dimensions. It has been made all the more memorable with the organisation achieving the RO 30 million mark in revenue at the end of the financial year. This has been made possible by the sustained performance of our employees, the executive management and the higher management," the Chairman concluded. 

A sustainable marketing strategy
A'Saffa Foods is proud to be by far the leading domestic poultry producer in Oman with a leading market share that is steadily growing and introducing poultry and allied products in addition to being the producers of the "Khayrat" and "Taybat" range.

The key factors in securing such brand prominence in Oman has been the very aggressive and innovative work undertaken by the marketing and sales department that promotes the company's varied and diverse range of products to publics across the whole of Oman. The meticulous scientific management undertaken at A'Saffa's farms is also worth mentioning.

The Chairman said, "We have consistently found ways to delight our loyal customers and ensure that we deliver on our promise to provide "100% Real Halal, Natural & Tasty, Healthy and Safe" products which consistently deliver the highest quality standards. Our products are packed full of taste, protein and are part of a healthy balanced diet for families across the Sultanate of Oman. A'Saffa is also making a major impact in helping to enhance food security as its manufacturing base grows and develops."

Award winning moments
A'Saffa Foods S.A.O.G won the fourth position in the 'Large Cap' award category of the Annual Alam al-Iktisaad Wal A'mal (AIWA) Awards 2014, for Oman's Best Performing Companies, awarded by Alam Al-Iktisaad Wal A'mal Magazine. The winners were selected based on their performance on key financial parameters like growth and efficiency of the organization. The ranking process was done by Gulf Baader Capital Markets (GBCM) and validated by KPMG.

Omanisation drive
Shedding light on its human resource policies and Omanisation drive, "At A'Saffa Foods, we believe that while bricks and mortar can be bought, human capital needs to be nurtured and fostered. We develop the talent we have at A'Saffa through periodically planned training and career development programs, incentives and rewards."

A friend towards the society
A'Saffa Foods is the perfect example of a company that is friendly and loyal to the society in which it operates. In coordination with concerned authorities the company contributes actively in serving society surrounding its production centre, by supporting various activities and programs, and contributing in collaboration with several society establishments to promote social activity and responsibility by lending a helping hand in the Sultanate.

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© Press Release 2015