Oman Cement posts 5% decline in net profit
Oman Cement has posted a 4.8 per cent decline in net profit to OMR2m (US$5.2m) in the first half of 2021, compared to OMR2.1m in the year-ago period. Total revenue fell 9.1 per ...
Oman
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Raysut Cement sees net loss contract in 1H21
Oman’s Raysut Cement Co has seen its net loss after tax contract to OMR3.2m (US$8.3m) in the first half of 2021, compared to OMR10.9m in the same period of last year. Total reve...
Oman Cement Co reports 16% decline in revenue
Oman Cement Co has reported a 15.8 per cent decline in total revenue to OMR11.76m (US$30.6m) in the first quarter of 2021, compared to OMR13.9m in the 1Q20. Net profit also fell...
Raysut Cement announces 5% rise in revenue
Oman’s Raysut Cement Co has reported a five per cent increase in total revenue to OMR26.9m (US$69.95m) in the first quarter of 2021, compared to OMR25.6m in the year-ago period....
Raysut Cement granted CE and NF markings
Oman-based Raysut Cement Co has been granted the CE and NF markings by AFNOR Certification of France, for some products manufactured in the Salalah plant, after passing successf...
Oman Cement receives bids for new project
Oman Cement Co has reportedly received commercial bids from EPC contractors for its integrated cement plant in Duqm, according to Muscat Daily. The 5000tpd project is expected t...
Raysut Cement reports 8% rise in total revenue
Oman's Raysut Cement Group has reported an OMR14.06m (US$36.57m) net loss for the full-year 2020 period, against an OMR2.26m profit in the previous year. The results were attrib...
Oman Cement orders ABB's optimisation technology
Oman Cement Co (OCC) will build on long-term ABB relationship with the installation of ABB’s state-of-the-art ABB Ability™ System 800xA to optimise performance on all three proc...
Raysut Cement Co begins construction of 9MW WHR system
Oman’s Raysut Cement Co has begun construction of a new 9MW waste heat recovery (WHR) system at its plant in Salalah. The project is expected to contribute to the company’s ambi...
Raysut Cement Co sees 8% revenue increase
Oman’s Raysut Cement Co has announced a 7.5 per cent YoY rise in revenue to OMR90.3m (US$234.9m) in its unaudited results for 2020, compared to OMR84.06m in the previous year. H...