Oman Cement says full-year net profit doubles

Oman Cement says full-year net profit doubles
Published: 27 January 2010

Oman Cement Co, the sultanate’s second-largest cement producer, said full-year net profit doubled to OMR24.16m (US$62.8m) from OMR12.54m in 2008.

Oman Cement made a net profit of OMR5.73m in the fourth quarter of 2008. Total revenue for the past year rose to OMR71.93m from OMR66.73m in 2008, it said.