Oman Cement Co 1Q16 profits up
Oman Cement Company has reported a profit after tax of OMR3.84m (US$9.97m) during 1Q16 as compared to OMR3.83m in corresponding period last year - showing a minor growth of 0.28...
Oman
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Oman: Raysut Cement 1Q16 profits up 34%
Oman’s Raysut Cement reported a 34 per cent increase in 1Q16 net profit on Wednesday, according to a bourse statement.
Oman: Raysut Cement reports 24% drop in 2015 net profit
Raysut Cement reported a 23.6 per cent drop in 2015 net profit to OMR20.95m (US$54.4m) from OMR27.43m a year earlier. Total revenues edged 0.4 per cent higher last year to OMR94...
Oman: OCC net profit impacted by gas price hike
Oman Cement Co (OCC) reported a 38.7 per cent fall in net profit for the nine-month period ended 30 September 2015, mainly due to the increase in gas prices from the beginning o...
Oman: Raysut’s nine-month net profit down
Oman’s largest cement producer, Raysut Cement Co (RCC), said its net profit for the first nine months of this year fell 24.24 per cent to OMR15.81m (US$41m). The company’s reven...
Raysut Cement reports 30% drop in 1H profit
Raysut Cement reported a net profit of OMR10.97m (US$28.5m) for the first six months ended 30 June when it was OMR15.59m in the same period last year, a decline of 29.7 per cent...
OCC first-half net profit down
Oman Cement Co (OCC) net profit declined by just over 40 per cent in the first half of this year to OMR5.44m (US$14.1m) from OMR9.09m in 1H14, the company said in its filing of ...
Oman: OCC prolonged kiln shut down to impact 2Q performance
Oman Cement Co (OCC) said that the extended kiln closure of a 4000tpd line as part of planned maintenance will have an impact on it second-quarter performance. CEO, Jamal al Hoo...
Oman Cement awards FLSmidth contract for pollution control equipment
Oman Cement Co has awarded a US$11.3mn contract for the upgrade of pollution control equipment to FLSmidth, according to local press reports. In a filing with the Muscat Securit...
Raysut sees sharp fall in operating profit
Oman-based Raysut Cement Co said operating profit fell sharply by 26.7 per cent in the first quarter of 2015 due to a doubling of the price of natural gas supplied by the govern...