Oman: Raysut Cement 3Q profit falls 23%
Raysut Cement Company reported a 22.5 per cent fall in its 3Q16 profits, according to a bourse statement. Profits reached OMR3.76m (US$9.7m), compared to OMR4.85m in 3Q15.
Oman
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Oman Cement profit surges 39%
Oman Cement Co announced that it has achieved a 38.78 per cent growth in net profit, reaching OMR9.68m (US$25.14m) for 9M16, compared to OMR6.98m for the same period a year earl...
Oman: Raysut Cement raises capacity
Raysut Cement announced that the new gas supply station has been commissioned at its Salalah plant and commercial operation has already begun. The new gas supply station will en...
Fujairah Cement approves Sohar Cement venture
The Board of Directors of Fujairah Cement Industries has given the go-ahead to establish Sohar Cement Co in Oman. The new company investment cost amounts to OMR1.42m (US$3.69m),...
Oman: Raysut Cement upgrades
Raysut Cement is in the process of completing several expansions and improvements across its domestic and international assets. In addition to these projects, Raysut Cement is a...
Oman Cement output rises by 20% in year to June
Having already announced a 25 per cent rise in profits in its six-month results to the end of June 2016, Oman Cement has now released details of increased production and sales, ...
Oman: Raysut Cement 2Q16 profits fall 2%
Raysut Cement Company (RCC) reported a decline by two per cent in its second-quarter profits, according to a bourse statement. Profits reached OMR4.8m in 2Q16, compared to OMR4....
Oman Cement’s 1H16 profits up 25%
Oman Cement has announced its profits are up by a quarter YoY for the 1H2016. In the first six months of the year, the company made a profit of OMR6.8m (US$17.7m), Muscat Daily ...
Oman: Raysut Cement launches one of largest cement silos
Oman’s Raysut Cement Co recently launched a new multi-chamber silo at its site in Salalah. The new silo will be able to store 20,000t and is considered one of the largest cement...
Oman’s Raysut Cement Somaliland terminal on track
Raysut Cement said its project with Barwaaqo Cement Co in Berbera, Somaliland, is progressing well. The Oman-based cement producer signed a joint venture agreement with the Barw...