Oman’s Raysut Cement Co has announced an 8.5 per cent fall in total revenue to OMR62.13m (US$161.58m) in the nine months ended 30 September 2019, compared with OMR67.89m in the year-ago period.
Profit before tax declined 65 per cent YoY to OMR1.01m in the 9M19, while profit after tax decreased 49.2 per cent to OMR1.01m from OMR1.99m.

Titan Cement completes sale of 75 per cent of Turkish subsidiary
Greece-based Titan Cement Co SA has completed the sale of 75 per cent of Adocim Cimento Be...