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 ceme...
Raysut Cement
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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. Revenu...
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 t...
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. The ...
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 mo...
Oman: Raysut Cement's profit rises on higher demand
Oman’s largest cement producer, Raysut Cement, achieved a 12.6 per cent growth in net profit in 2013 to OMR27.62m (US$71.73m), on the back of higher domestic demand. Revenue r...
Raysut Cement selects Siwertell system for Omani port operations
Oman's leading cement producer, Raysut Cement Co, has ordered a high capacity road-mobile Siwertell unloading and conveying system from Cargotec for cement-handling operations ...
Oman seeks anti-dumping measures
UAE cement producers have defended their export levels to Oman after Raysut Cement Company calls for anti-dumping measures to be put in place to restrict imports from the neigh...
Raysut sales ease in first nine months, Oman
Raysut Cement, the leading cement producer in Oman, reported a rise in pretax profit for the first nine months of 2013, but sales eased due in part to competition from neighbou...