Oman Cement reports flat net profit in 9M21
Oman Cement has posted a net profit after tax of OMR2.8m (US$7.28m) in the first nine months of the year, which is flat compared to OMR2.8m seen in the year-ago period. Total re...
Oman Cement Co
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Oman Cement sees 9% decline in 1H20 profit
Oman Cement Co has reported an 8.7 per cent decline in net profit after tax to OMR2.1m (US$5.46m) for the first half of 2020, compared to OMR2.3m in the 1H19. However, the compa...
Oman Cement Co sees 27% fall in profit
Oman Cement Co has posted a 26.7 per cent fall in profit after tax to OMR1.1m (US$2.86m) for the first quarter of 2020, compared to OMR1.5m in the 1Q19. The company’s total sale...
Oman Cement sees net profit decline 45% in 2019
Oman Cement has recorded a 45.3 per cent fall in its net profit to OMR4m (US$10.4m) for 2019, compared to OMR7.3m in the previous year. Total revenue also declined four per cent...
Oman Cement appoints new CFO
Oman Cement Co has appointed Fatick Hussain Al Balushi as the company’s CFO. Mr Al Balushi has more than 15 years of experience in the oil, gas and petrochemical industries and ...
Oman Cement Co appoints consultancy for Duqm plant
Oman Cement Co has appointed “a leading consultant company” to work on its upcoming Duqm cement plant as a project consultant, reports New Vision. While it did not name the cons...
Oman Cement Co to use waste tyres as AF
An agreement between Oman Cement Co (OCC) and Oman Environmental Services Holding Co Be’ah will see the cement producer include waste tyres in its fuel mix. The Memorandum of Un...
Oman Cement unveils new brand identity
Oman Cement Co unveiled a new brand identity and logo to convey its strong brand value proposition that is synonymous with quality, strength and reliability. The new brand ident...
Al Wusta’s Duqm cement plant requires project finance
Oman’s Al Wusta Cement is currently looking for project finance from international for its Duqm cement plant project. Total project investment is estimated to be US$85m. Al Wust...
Oman Cement seeks Brazilian investors for new plant
Oman Cement Co (OCC) visited Brazil to seek partners for a new cement plant in Duqm, an industrial and port free trade zone in Oman. The company’s Chairman, Abdullah Abbas Ahmed...