Oman Cement profit falls 30 per cent

Oman Cement profit falls 30 per cent
Published: 02 March 2009

Oman Cement Co posted a 30.1-percent drop in 2008 profit to OMR12.473m (US$32.40m), the  company said in a statement on the bourse website.

The firm’s full-year profit after tax fell to OMR12.473m compared to OMR18.017 in 2007, it said, without giving a quarterly breakdown or a reason for the decline.