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
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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...
Oman Cement 1Q net profit up 3.7%
Oman Cement reported a 3.7 per cent rise in first-quarter net profit on Wednesday, beating analyst forecasts. The company made a net profit of OMR3.83m (US$9.95m) in three month...
Raysut full-year profit dips, Oman
Raysut Cement reported full-year net profit of OMR27.42m (US$71.22m), 0.4 per cent lower than the OMR27.52m posted in the previous year.
Omani producers face hike in natural gas prices
Oman’s two leading cement producers are looking to mitigate the effects of an impending rise in natural gas prices which are expected to lead to an increase in the cost of cemen...