1. Executive Summary
The primary aim of this report is to study and analyze the financial performance of Voltamp Oman.The core of various financial ratio analyses is to understand the quantitative inter-relationship between various variables for a concluding evaluation against a 'benchmark ' for analyzing trends emanating. The primary objective is to assist the top management with clear, concise and purpose-oriented decision-making in live business scenarios.
The financial statements of Voltamp and two other companies that operate in the power sector and in the same region of Oman are compared over the data pertaining to 3 years.
An analysis of the company is also performed using the ratio analysis tools pertaining to profitability, efficiency, liquidity, financial gearing, & investments. A conclusion and recommendation is also drawn at the end study for Voltamp and bench marking other two companies namely United power company and Sohar Power Company
2. Introduction
Voltamp Omanmanufactures a wide range of power distribution transformers and low voltage switchgears. The company has a strong in house design team and this drives the company amongst its competition. Despite the global meltdown, the businesses of transformers are going to continue to flourish in the region. In order to nurse its expansion plans the company the company is increasing its production capacity at the Rusayl plant.
United Power Company was formed in 1995 and is the first private sector power plant in the GCC. The company is engaged in the management of electric utilities and operations. Their main power generation
References: * Investopedia dictionary, available online at http://www.investopedia.com Retrieved online November 14, 2011.