Oman Cement Co 2006 net profit reaches US$54m

Oman Cement Co 2006 net profit reaches US$54m
Published: 06 February 2007

Oman Cement Co (OCC) reported an unaudited net profit of OMR20.7m (US$54m) for 2006, up from OMR18.1m (US$47m) in 2005, according to OCC statement to Muscat Securities Market (MSM).
 
OCC pre-tax profit amounted to OMR23.5m (US$61m), up from OMR20.6m (US$53.4m). The company’s sales totalled OMR49.5m (US$128.4m), an increase from OMR44m (US$114m).