Osool Poultry Company

The company was established in 2016 with the aim to produce 150 million hatchery eggs per year to meet the needs of the project’s shareholders and bridge the gap in the Gulf market.

Hima state, Al Ghaftain - Sultanate of Oman

Contact address

(+968) 232 88333
(+968) 232 02775
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P.O. Box458 Salalah, 211

Designed capacity

– 6 maternal farms with 12 sheds each, totaling 72 sheds
– 12 farms to produce hatching eggs, each containing 12 sheds with 144 sheds in total
– Milling factory with capacity of 20 tons/hour
– Small slaughterhouse, with capacity of 7,200 birds/day, also containing a waste treatment unit

Capital and shareholders

Capital is OMR28.86 million and company shareholders are:

– AAAID: 20.58%
– Gulf Investment Corporation: 26.68%
– A’Saffa Food Company: 23.46%
– Atyab –Iffco Poultry (AIPC): 9.93%
– A’Namaa Poultry Co. SAOC (A’Namaa): 14.35%
– Internal Security Service Pension fund (ISSPF): 05.00%

AAAID
Gulf Investment Corporation
A'Saffa Food Company
Atyab –Iffco Poultry (AIPC)
A'Namaa Poultry Co. SAOC (A'Namaa)
Internal Security Service Pension fund (ISSPF)

Average sales

The expected sales at maturity year are about OMR 27 million (USD 71.5 million)

Market share

Estimated at 8.5% of total Gulf market demand

Company products

Hatchery eggs

Investment cost

Project’s investment cost is about OMR61.5 million (equivalent to USD160 million), financed by equity of approximately OMR28.86 (equivalent to USD75 million) and loans of approximately OMR32.64 million (equivalent to USD85 million).

Financial indicators

– IRR: 20.3%
– NPV OMR: 53.5 million
– Payback period: 6 years, 6 months