OCC posts higher profits
Oman Cement Company (OCC) achieved a net profit of 18.2 mln Omani rials ($47.4m) for 2005, compared to 13.2 mln rials ($34.3m) for 2004, the company said in a statement to the Omani bourse Muscat Securities Market (MSM) on February 21, 2006. Pre-tax profit increased to 20.6 mln rials ($53.5m) from 14.9 mln rials ($38.7m). OCC cement plant is located at the Rusayl industrial area, about 60 km from the Sultan Qaboos Port and some 32 km from the Seeb International Airport. Published under Cement News
