Muscat: In view of being one of the best-performing companies in terms of profitability, stock liquidity and market capitalisation, the National Detergent Company (NDC) has been selected to be included in the prestigious Muscat Securities Market Industrial Index.
NDC, which is one of Oman’s oldest and most respected companies, posted a 20% increase in comprehensive profit in 2018 over 2017. The company’s flagship brand Bahar laundry products are favoured in the region by consumers as it is designed for the GCC water condition and provides superior cleaning for a better value than multinational brands. The company recently introduced Bahar Enzymatic Liquid Gel for customers looking for the best Bahar cleaning power in the convenience of a liquid.
Commenting on the success of NDC, William Hunt, CEO said, “We are delighted to be listed in the MSM Industrial Index. We thank our customers, trade partners, suppliers and shareholders for their ongoing support.”
William Hunt was appointed as the CEO of NDC in 2018. A well-respected international executive, he holds an MBA from Chicago Booth School of Management and a Bachelor’s of Science in Chemical Engineering from Washington University in St. Louis.