Historical Analysis of Income Statement – A Case Study Salalah Mills Company Oman

Purpose of the study: The objectives study were to critically analyze financial performance Salalah Mills Company (SMC), examine income statement position company, and profitability improvements Company.Design/Methodology/Approach: secondary data was obtained from annual reports through for period 2015 2019. collected analysed using ratios involving excel SPSS, evaluate (SMC) profitability. Findings: revealed that reduction in company's gross profit (profit margin), pre-tax margin due increase cost goods sold, administrative expenses, materials consumed, selling distribution labour cost. Research Implications: suggested company should reduce sales expenses achieve an increased margin. It also focus more on marketing. Practical look alternative raw such as buying wheat local farmers. work finding ways means good profits so satisfy shareholders. Originality/value: This research is its first own kind focuses accounting perspectives food Sultanate Oman. Keywords: Direct sales, Operating Income Flour Mills, Statement Analysis, Financial ratios, Market share flour mills.