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...
Oman
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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...
Raysut Cement nine-month net profit up 8% YoY
Raysut Cement, Oman's biggest cement producer, reported an eight per cent increase in net profit to US$60.21m compared with US$55.71m in the same period of last year.
UltraTech acquires 51% interest in Omani mining firm
UltraTech Cement Middle East Investments, a subsidiary of UltraTech Cement, has acquired a 51 per cent interest in Omani mining company Awam Minerals LLC. Awam Minerals possess ...
Raysut posts 8.9% increase in 9M13
Oman-based Raysut Cement said in a bourse filing that it made a net profit after tax of OMR20.9m (US$54.3m) in the first nine months of 2014, up 8.9 per cent from OMR19.2m in th...
Oman: Raysut Cement first-half net profit ahead
Oman’s Raysut Cement reported a 5.9 per cent rise in net profit in the six months to the end of June 2014 while cement volumes held firm despite heightened competition.
Oman: OCC profit rises despite drop in sales
Oman Cement Co (OCC) posted a 4.3 per cent rise in net profit before tax for the first six months of this year, despite a drop in sales. The sultanate’s second-largest cement pr...
Raysut appoints new chief executive, Oman
Oman’s Raysut Cement has appointed Salem Alawi Mohammed Baabood as chief executive, the company said in a bourse statement on Wednesday.
Raysut posts flat quarterly profit, Oman
Raysut Cement, Oman's largest cement producer by market value, reported a flat first-quarter profit on Monday. The company made a profit of OMR8.23m (US$21.4m) in the three mont...